We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
 In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-demand relations. The coal economy remained stable as a whole with domestic market price keeping stable and imported coal price rising.
Since the beginning of the year, China had witnessed its capability of supplying coal going up, making coal supply a little bit higher than demand. High grade coal had been relatively tight in northeast China, north China and southwest China, while coal resource was sufficient in southeast and east China and it also remained slack in central and southwest China.
China's coal production and sales volume, as well as coal stock all pointed to the upside in the first five months. Statistics from National Bureau of Statistics of China indicate China's raw coal production remained at 1.07 billion tonnes in total from January to May, increasing by 70.4 million tonnes or 7% YoY. Statistics from China's Coal Industry Association show China's coal sales volume in this period remained at 991.61 million tonnes, up by 15.97 million tonne or 1.64% YoY. In the end of May coal stockpiles in the market stayed at 181.73 million tonne increasing by 5.5 million tonne or 3.12% compared with the end of Apr.
The following points stand out as the features of coal industry development in this period.
First, raw coal production volume increased rapidly and it posted large differentiation in different regions. State-owned coal enterprises saw raw coal production volume went up swiftly, while local coal mines witnessed their volume dropping. Township coal mines experienced further decline in raw coal production. In Shanxi and Henan, raw coal production volume dropped dramatically, while that in Inner Mongolia, Shaanxi and Shenhua went up significantly.
Second, transportation had recovered, and railway delivered more coal than before. In May, coal delivering volume by railway stayed at 147.29 million tonne rising by 4.3% YoY. Among the quantity power coal took up 86.53 million tonne decreasing by 3.02 million tonne or 3.4%, but the declining rate went down by 7.9% compared with Apr.
Third, the quantity of coal consumed by the power sector declined, and that by the construction material sector rose. Statistics from China Electricity Council indicate coal consumption by power sector remained at 548 million tonnes, decreasing by 42.6 million tonnes or 7.77% YoY. Locally served power plants consumed 258.67 million tonnes, declining by 27 million tonne or 8.9%.
According to the estimate of China's Coal Industry Association, China's iron and steel industry consumed 186 million tonne of raw coal in the first five months, increasing by 2.75 million tonne or 1.5% YoY and that by the construction material industry stood at 139 million tonnes, increasing by 10.3 million tonne or 8%. The chemical industry consumed 58.64 million tonnes of raw coal, rising by 2.47 million tonne or 4.4% YoY.
Fourth, the spot price of imported coal rose rapidly. Since the beginning of the year when China increased overseas coal purchase, the spot price of international thermal coal and ocean freight both went up. International coal price, since May, had increased for one month, and till Jan 12, Australia's BJ coal index rose by USD 9.66 per tonne from the end of May to USD 76.75 per tonne up by USD 13 per tonne compared with Apr.
Fifth, coal price had remained stable, but it fluctuated slightly in consuming areas. In May, coal ex-mine price in Shanxi edged up by CNY 10 per tonne. In the month the transaction price of thermal coal in Qinhuangdao, Tianjin and Tangshan remained stable. Owing to the surging import volume, coal transaction price at ports in Guangdong and Zhejiang had pointed to the downside.
Source:Steel Guru (http://steelguru.com/news/index/2009/06/28/MTAwMTc1/China_enjoys_stable_coal_economy_in_the_first_five_months_of_2009.html)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...
Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...
Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...
Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...
Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.
...
|
|
|
Showing 36 to 40 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
|
| |
| |
|
