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Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as demand increases, Macquarie Group Ltd. said.
Chinese coking coal may rise to $200 a ton in the next quarter, Macquarie analysts led by Bonnie Liu said in a research report. Domestic coal has traded at a $15- to $25-a-ton discount to the spot market price since December, the analysts said, a gap they expect will narrow.
BHP Billiton Ltd., the world’s biggest mining company, agreed last week to a three-month contract to sell coking coal at $200 a metric ton to JFE Holdings Inc. The price indicates a “very tight market” for 2010, Liu said.
“We would expect the Chinese domestic price to edge upward imminently,” she said.
Coal imported into China has fewer impurities than domestic output and attracts a premium price, she said. This premium is making import sales more difficult, and imports may decline to an annualized rate of between 40 million tons and 45 million tons in the next quarter, down from a rate of 60 million tons a year set in January, she said.
Source: Bloomberg - By Rebecca Keenan
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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
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- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Minerals Council of Australia
- Deloitte Consulting - India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
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