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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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Tuesday, 01 June 10
LANCO INFRATECH PLANS POWER PROJECTS IN COASTAL REGIONS
My digital reported that, Hyderabad-based Lanco Infratech will set up power projects in coastal regions based on imported coal. The company is ...
Monday, 31 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE SHORTENS
Business week reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in powe ...
Saturday, 29 May 10
FREIGHT MARKET SEEMS TO BE STABILIZING - CAPT. REDDY
COALspot.com: The week was clearly for Cape which went up by almost 21 pct . The BDI was up only by 6 pct.
The other sectors were under pressure ...
Friday, 28 May 10
BERAU COAL GROUP SEEKS US$ 700 M LOAN
PT Bukit Mutiara has decided to revise down its bond issue from US$600 million to US$400 million. In total, it is seeking US$700 million of debt, co ...
Friday, 28 May 10
CHINESE BAN TO HIT INDIAN IRON ORE EXPORTS
Nearly half of India's iron ore exports to China are in serious danger of being wiped out. The local government has imposed a ban on import of low ...
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- PowerSource Philippines DevCo
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- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
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- McConnell Dowell - Australia
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- Australian Commodity Traders Exchange
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- Economic Council, Georgia
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- Siam City Cement - Thailand
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- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
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- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
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- Billiton Holdings Pty Ltd - Australia
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- Eastern Coal Council - USA
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- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
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- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
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- MS Steel International - UAE
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- Parliament of New Zealand
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- Port Waratah Coal Services - Australia
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- Electricity Generating Authority of Thailand
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- White Energy Company Limited
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- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
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- The University of Queensland
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- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
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- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Chamber of Mines of South Africa
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- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
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- Trasteel International SA, Italy
- Videocon Industries ltd - India
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- Indian Energy Exchange, India
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- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
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- Planning Commission, India
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- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
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- Formosa Plastics Group - Taiwan
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