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Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
 RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.
Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.
“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”
Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Thursday, 07 January 21
FITCH FORECASTS DOUBLING IN ASIAN WIND, SOLAR CAPACITY BY 2029, TOPPING 1,500GW
Despite some near-term delays due to the Covid-19 pandemic, solar power and offshore wind will drive steep growth in non-hydro renewables in Asia, ...
Wednesday, 06 January 21
INDONESIA EXCEEDS COAL PRODUCTION TARGET IN 2020
Indonesian coal production reached 557.54 Million Tons in 2020 1.37% higher than of last year’s total target of 550.00 Million Tons, accordin ...
Wednesday, 06 January 21
CHINESE CITIES REPORTEDLY GO DARK AS COUNTRY FACES SHORTAGE OF COAL, A MAJOR AUSTRALIAN EXPORT - CNBC
Several major Chinese cities have reportedly gone dark as authorities limit power usage, citing a shortage of coal.
Analysts said pr ...
Tuesday, 05 January 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP - XINHUA
China Taiyuan coal transaction price index stood at 136 points Monday, up 0.91 percent week on week.
The index, released by China Ta ...
Tuesday, 05 January 21
THE INDONESIA COAL PRICE REFERENCE SOARS TO HIGHEST ONE-MONTH INCREASE SINCE DECEMBER 2016
COALspot.com: The Indonesia coal price reference for January 2021 settles above $75 for the first time since July 2019 and to highest one-month inc ...
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- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
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- Pendopo Energi Batubara - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
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- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
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- Bhatia International Limited - India
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- European Bulk Services B.V. - Netherlands
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- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Globalindo Alam Lestari - Indonesia
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- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
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- Tamil Nadu electricity Board
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- White Energy Company Limited
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- Semirara Mining and Power Corporation, Philippines
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- Electricity Generating Authority of Thailand
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- Africa Commodities Group - South Africa
- Planning Commission, India
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- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- The University of Queensland
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- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
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- Bukit Baiduri Energy - Indonesia
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- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
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- Global Green Power PLC Corporation, Philippines
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- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
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- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
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- Wilmar Investment Holdings
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- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
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- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
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- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
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- Metalloyd Limited - United Kingdom
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- Australian Coal Association
- Larsen & Toubro Limited - India
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- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
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