Kompor nih...hehehe
----- Original Message ----- *From:* Bagus Hananto<bagus.hana...@aaasecurities.com> *To:* all_equ...@aaasecurities.com *Sent:* Tuesday, July 21, 2009 9:06 AM *Subject:* Coal price rose to 76 and activity increased significantly *Newcastle* coal ship queue worsens BY IAN KIRKWOOD 20/07/2009 4:00:00 AM INCREASING congestion on the Hunter Valley coal chain means that customers are sending ships to Newcastle before the coal is even out of the ground. In its weekly summary of industry performance, the Hunter Valley Coal Chain Logistics Team said exports had been cut by "stockpile constraints and coal availability issues". "There are 43 vessels in the offshore queue," the report said. "Fifteen of these vessels have coal availability issues and are classed as 'dead'. An additional nine vessels did not have coal available when they arrived." The sudden surge in demand for Hunter coal appears to have surprised the industry. With the Australian Competition and Consumer Commission yet to approve a new export quota system for the port, the ship queue topped 50 this month for the first time in two years, before dropping back slightly in recent days. The latest edition of the widely read McCloskey Coal Report described the Newcastle situation as "festering". "Meanwhile, Asia-Pacific thermal markets are being increasingly impacted by the festering vessel queue at Newcastle, which topped 50 this week for the first time in almost two years," McCloskey Coal Report says. "Even buyers are acknowledging the congestion is probably adding at least $US5 a tonne in demurrage to FOB [free on board] thermal coal prices." One measure of Newcastle thermal coal, the GlobalCoal Newcastle index, is registering a price of $US76.23 ($95.30) a tonne, substantially higher than the Richards Bay, South Africa, price of $US64.08 ($80.10) a tonne. Big queues have also formed at the Queensland coal terminals, Hay Point and Dalrymple Bay. The McCloskey Report said a "massive rebound from the dark days of economic collapse in late 2008" had "sown the seeds of the current resurgence". ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~ Message has scanned by AAAS Mail Security Gateway ~~~ ~~~ No virus found in this incoming message ~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~ Message has scanned by AAAS Mail Security Gateway ~~~ ~~~ No virus found in this incoming message ~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
