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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, 11 June 15
IS COAL INDUSTRY GOING TO HIT A BRICK WALL?
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Wednesday, 10 June 15
TANKER MARKET INSIGHT - STELIOS KOLLINTZAS
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Energy and Mineral Resources Minister Sudirman Said has said the world’s coal market is heading towards a new balance, which will make Indone ...
Wednesday, 10 June 15
FOB INDONESIA COAL SWAP ROSE W-O-W AND M-O-M
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Tuesday, 09 June 15
GLOBALCOAL IMPLEMENTS VOLUMETRIC SIZE LIMITS IN RICHARDS BAY MARKET
COALspot.com: globalCOAL today announced that following recent market consultation, it will limit bids, offers and trades in the fixed price Phys R ...
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- Bhushan Steel Limited - India
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- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
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- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- The University of Queensland
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
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- Cement Manufacturers Association - India
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- Barasentosa Lestari - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
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- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
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- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
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- PTC India Limited - India
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- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
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- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
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- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Indika Energy - Indonesia
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- Standard Chartered Bank - UAE
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- CIMB Investment Bank - Malaysia
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- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
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- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
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- Renaissance Capital - South Africa
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
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- White Energy Company Limited
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- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- The State Trading Corporation of India Ltd
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- Coalindo Energy - Indonesia
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- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
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- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
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- Global Coal Blending Company Limited - Australia
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- Tata Chemicals Ltd - India
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- Minerals Council of Australia
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- PNOC Exploration Corporation - Philippines
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- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
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- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
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- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Planning Commission, India
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Malabar Cements Ltd - India
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- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
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- India Bulls Power Limited - India
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