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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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Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...
Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...
Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...
Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...
Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...
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- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Australian Coal Association
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Parliament of New Zealand
- MS Steel International - UAE
- White Energy Company Limited
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
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