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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, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...
Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...
Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at ...
Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...
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- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- Planning Commission, India
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Vizag Seaport Private Limited - India
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- White Energy Company Limited
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Deloitte Consulting - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
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