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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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Thursday, 10 June 10
CHARTERERS ARE NOT WILLING TO PAY THE RATES AS MARKET SLIDES
DRY BULK
Handy
Atlantic markets are quieter (Posidonia?) with less activity. Nevertheless expect some fresh enquiries f ...
Thursday, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...
Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...
Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...
Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...
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- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Central Electricity Authority - India
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- Bhatia International Limited - India
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Planning Commission, India
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Australian Coal Association
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
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