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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 $200 a metric ton to JFE Holdings Inc. The price indicates a “very tight market” for 2010, Liu said.
“We would expect the Chinese domestic price to edge upward imminently,” she said.
Coal imported into China has fewer impurities than domestic output and attracts a premium price, she said. This premium is making import sales more difficult, and imports may decline to an annualized rate of between 40 million tons and 45 million tons in the next quarter, down from a rate of 60 million tons a year set in January, she said.
Source: Bloomberg - By Rebecca Keenan
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Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
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- Videocon Industries ltd - India
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- VISA Power Limited - India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Australian Coal Association
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Cement Manufacturers Association - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Sical Logistics Limited - India
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
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