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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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Thursday, 15 April 10
DRY BULK MARKET SLOWLY GAINING GROUND
The troubled and underperforming capesize sector of the dry bulk market has been experiencing an improved sentiment since Tuesday, a trend verified ...
Tuesday, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...
Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...
Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...
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- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- White Energy Company Limited
- The University of Queensland
- VISA Power Limited - India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
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