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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, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...
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- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Iligan Light & Power Inc, Philippines
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
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