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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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Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
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- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Planning Commission, India
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Parliament of New Zealand
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
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