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Wednesday, 07 July 10
COAL PRICES ON THE RISE
Caixin online reported that, China's domestic coal prices have seen a 26.2 percent year-on-year rise in May. Meanwhile, the volume of coal imports and prices have also increased.
According to the Ministry of Industry and Information Technology (MITT), the domestic coal price in May was up 4.7 percent month-on-month. The growth rate was 3.5 percentage points higher than that in April.
During the first five months of this year, China imported 68.98 million tons of coal, up 114.3 percent year-on-year, making the country a net coal importer. In May alone, China imported 11 million tons of coal, in a rise of 16.6 percent from the same period last year. Average import prices for the first five months increased 30 percent year-on-year to US$ 96.70 per ton.
China became a net coal importer in February 2009 with increasing demand from steel and electricity production. According to Reuters, industry analysts predicted that China's total coal imports for 2010 are expected to reach 170 million tons, making it the world's largest coal importer.
Facing mounting pressures of coal price rise, China's National Development and Reform Commission (NDRC) recently asked major domestic coal producers not to raise prices. The NDRC's price department has been urging coal companies to honor 2010 coal contract prices and return any additional charges gained from higher prices by the end of June.
Source: Caixin
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Wednesday, 11 August 10
CAPESIZE MARKET ON RECOVERY MODE
The dry bulk market, usually dormant in August, has returned on a high note this week, after last week’s gains. Monday proved to be rather buo ...
Wednesday, 11 August 10
BANPU SECURES TAKEOVER LOAN - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, has secured loans worth US$2 billion from Thai and foreign banks to proceed with ...
Tuesday, 10 August 10
KOREA'S EWP TO BUY 4 MILLION TON OF 3700 AND 4600 NAR COAL AT FIXED PRICE
COALspot.com: Korean utility East-West Power out with the tender to buy 0.670 million tons with a minimum calorific value of 4600 NAR and 0.350 mill ...
Tuesday, 10 August 10
COAL CONSTRAINS CORE SECTOR GROWTH IN JUNE 2010
Growth in the six key infrastructure sectors decelerated for the third month in June. This is primarily due to last year’s high base effect. D ...
Sunday, 08 August 10
SOUTH AFRICA INCREASES COAL EXPORTS TO INDIA BY 74% IN JULY, TRADER SAYS
South Africa’s Richards Bay, the continent’s largest coal terminal, increased sales to India by 74 percent in July from June, according ...
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- ASAPP Information Group - India
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- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
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- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Economic Council, Georgia
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- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
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- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
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- Energy Link Ltd, New Zealand
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- Gujarat Electricity Regulatory Commission - India
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- The University of Queensland
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- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
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- CNBM International Corporation - China
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- Parliament of New Zealand
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- Siam City Cement PLC, Thailand
- Minerals Council of Australia
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- Singapore Mercantile Exchange
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- Petron Corporation, Philippines
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- Bulk Trading Sa - Switzerland
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- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Interocean Group of Companies - India
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- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Planning Commission, India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
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- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
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- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
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- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
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- Romanian Commodities Exchange
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- Indian Energy Exchange, India
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- The Treasury - Australian Government
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- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
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- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
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