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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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Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...
Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...
Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
Attention international coal industry. There's a new kid on the block.
The nation of India.
India is emerging as a major re-shaping force for ...
Sunday, 28 March 10
SHIPS FROM WC INDIA TO CHINA CONTINUED TO BE FIXED AT HEALTHY LEVELS AT AROUND US$ 50/52,000 PER DAY - VISTAAR
COALspot.com: The dry bulk freight market seemed to be heading for a correction with all the indices dropping by 8-10 pct except for handy size whic ...
Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...
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- The University of Queensland
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Australian Coal Association
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
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