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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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Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
Thursday, 22 April 10
INDONESIAN COAL PRICE REFERENCE FOR MARCH 2010 - US$ 86.64/T
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has begun publishing a monthly coal price reference (HBA) to be use ...
Thursday, 22 April 10
NEED TO IMPORT 82 MT COAL IN FISCAL - INDIA COAL MIN
Indian Express reported that, anxious to bridge the ever-widening gap between the rising demand for coal and its inadequate supply, the Coal Ministr ...
Thursday, 22 April 10
DRY CARGO DEMAND EXPECTED TO INCREASE, FAVORING HIGHER FREIGHT RATES
Increased dry bulk cargo demand is expected to become the norm in the coming weeks and months, according to analysts, which in turn should sustain f ...
Thursday, 22 April 10
INDIA'S BORL SEEKS TO BUY INDONESIAS LOW - SULFUR COAL
COALspot.com: Bharat Oman Refineries Ltd, a joint venture company (promoted by Bharat Petroleum Corporation Ltd, India and Oman Oil Company Lt ...
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- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
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- Alfred C Toepfer International GmbH - Germany
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- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
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- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
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- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
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- Sindya Power Generating Company Private Ltd
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- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
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- Larsen & Toubro Limited - India
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- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
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- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
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- Economic Council, Georgia
- MS Steel International - UAE
- Chamber of Mines of South Africa
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- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Central Electricity Authority - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
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- Indian Energy Exchange, India
- Petron Corporation, Philippines
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- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
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- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
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- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
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- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
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