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Saturday, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coal importer in the near future, but imports are expected to shrink from the previous year.
Mr Wu predicted that China's annual energy demand would reach about 5 billion tonnes of standard coal and raw coal demand would hit 4.53 billion tonnes by 2020. As domestic coal resources are not sufficient to meet the demand, China needs to import coal from the foreign market.
Mr Fan Liya from Shanxi Coking Coal Group said that China coal supply will be short in the Q1 driving up coal prices in the same period. The second and third quarters will see balanced supply and demand, as China's major coal producer Shanxi province is completing the coal resource integration and new capacities will be put into production in the second half of the year. Coal prices will likely fall slightly during the two quarters. Generally, prices during the year will remain stable with slight rise. Specifically, steam coal prices will stay high but fluctuate largely, while coking coal prices will fluctuate slightly at a high level.
Mr Fan expected China coal output to exceed 3.3 billion tonnes in 2010, up over 10%YoY. The annual coal imports are estimated to surpass 80 million tonnes, lower than that in 2009, while exports will likely reach 30 million tonnes.
Mr Wang Junwei manager of Sinomet International Corporation Mines Department echoed that China's coking coal imports would remain high in 2010, but lower than last year.
Source: iStockAnalyst / Steel Guru
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Monday, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...
Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
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- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Wilmar Investment Holdings
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Posco Energy - South Korea
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
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