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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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Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Monday, 01 June 20
SUPRAMAX: IN SOUTH EAST ASIA RATES TRADED SIDEWAYS - BALTIC BRIEFING
Capesize
A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlan ...
Friday, 29 May 20
COVID-19: COAL SUPPLY BY CIL TO POWER SECTOR DIPS 22% TO 32 MT IN APRIL DUE TO DEMAND SLUMP - PTI
Over 95% of CIL’s production comes from its 171 open cast mines.
The supply of coal to the power sector by state-owned Coal In ...
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
Australia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations woul ...
Friday, 29 May 20
GOVT MAY LAUNCH COAL BLOCKS AUCTION PROCESS UNDER COMMERCIAL MINING ON JUN 11 - PTI
The Centre is likely to launch the process of coal blocks auction under commercial mining on June 11 and around 50 mines are expected to go under t ...
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- MS Steel International - UAE
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Deloitte Consulting - India
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Price Waterhouse Coopers - Russia
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- PTC India Limited - India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
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