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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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Saturday, 17 July 10
BULLISH OUTLOOK FOR COKING COAL - MINING MX & HELLENIC SHIPPING
Mining Mx reported that, the coking coal market has better long-term fundamentals than the iron ore market, according to a recent research rep ...
Friday, 16 July 10
CHINA EXPORTS 10.14 MILLION TONNES OF COAL IN H1 OF 2010
China exported 10.14 million tonnes of coal in the first half of this year, down 13.1% compared with the corresponding period of last year, accordin ...
Thursday, 15 July 10
SMC TO PURSUE MINDANAO COAL MINING PROJECTS
Philippine Daily Inquirer reported that, DIVERSIFYING CONGLOMERATE San Miguel Corp. is inclined to pursue its coal mining projects in Mindanao ...
Thursday, 15 July 10
ADANI ENTERPRISES WILL BUY $1 BILLION COAL MINE FROM LINC ENERGY - TOP NEWS
Top News reported that, Adani Enterprises has almost managed to obtain a coal mine from Linc Energy for $1 billion in Queensland, Australia. This mi ...
Thursday, 15 July 10
ADANI TO DEVELOP COAL EXPORT TERMINAL IN AUSTRALIA - BUSINESS STANDARD
Business-Standard reported that, The Adani Group, promoter of Mundra Port and Special Economic Zone (MPSEZ), today said it has been selected as the ...
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- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Eastern Energy - Thailand
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Marubeni Corporation - India
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