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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Monday, 17 August 15
INDONESIAN THERMAL COAL REFERENCE PRICE HITS RECORD LOW AGAIN!
COALspot.com - The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.14 per MT fo ...
Monday, 17 August 15
CFR SOUTH CHINA COAL SWAPS CONTINUE TO HEAD SOUTH
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US cents 40 (1.05%) per MT month over month.
A commodi ...
Sunday, 16 August 15
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO STEADY NEXT WEEK
COALspot.com: The BDI softened 12.08 per cent to 1055 points this week due to weakening of cape index which was fell 25 per cent week over week to ...
Friday, 14 August 15
FOB INDONESIA COAL SWAP SHOWING NO MOVEMENT THIS PAST WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Friday, 14 August 15
U.S. COAL PRODUCTION UP 2.9 PER CENT THIS WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.2 million shor ...
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- Meralco Power Generation, Philippines
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- Global Coal Blending Company Limited - Australia
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- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Meenaskhi Energy Private Limited - India
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- Minerals Council of Australia
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- Merrill Lynch Commodities Europe
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- Lanco Infratech Ltd - India
- Marubeni Corporation - India
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- IEA Clean Coal Centre - UK
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- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
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- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
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- Anglo American - United Kingdom
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- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
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- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
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- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
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- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- Thai Mozambique Logistica
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- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
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- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
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- Coal and Oil Company - UAE
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- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- The University of Queensland
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
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- Medco Energi Mining Internasional
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- Ambuja Cements Ltd - India
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- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
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- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
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