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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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- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- GAC Shipping (India) Pvt Ltd
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Australian Coal Association
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
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