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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...
Monday, 22 September 14
CFR SOUTH CHINA COAL SWAPS LOST ON DAY, WEEK AND MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 3.10 (-4.50%) month over month and $ 0.95 PT MT week over ...
Monday, 22 September 14
INDONESIAN COAL SWAPS LOST WEEK ON WEEK AND MONTH OVER MONTH
COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.35 (+0.69%) day on day and lost US$ 0.30 (-0.58%) per mt week on week. ...
Sunday, 21 September 14
CAPE INDEX LOST 17% W-O-W ; BALTIC DRY PLUNGES 106 POINTS
COALspot.com: This week the freight market softened a bit compared to last week.
BDI fell 8.97% week on week and closed BDI at 1075 points on ...
Friday, 19 September 14
U.S. WEEKLY COAL PRODUCTION RELATIVELY FLAT AT +0.1% - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
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- Vedanta Resources Plc - India
- Planning Commission, India
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- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
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- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
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- Gujarat Mineral Development Corp Ltd - India
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- Indian Oil Corporation Limited
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- Heidelberg Cement - Germany
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- McConnell Dowell - Australia
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- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
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- Ministry of Mines - Canada
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- Renaissance Capital - South Africa
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- Sindya Power Generating Company Private Ltd
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- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
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- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
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- Power Finance Corporation Ltd., India
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- Global Business Power Corporation, Philippines
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- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
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- Coal and Oil Company - UAE
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- Cigading International Bulk Terminal - Indonesia
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- Attock Cement Pakistan Limited
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- Minerals Council of Australia
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- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
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- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
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- The State Trading Corporation of India Ltd
- GMR Energy Limited - India
- Australian Coal Association
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- Coalindo Energy - Indonesia
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- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
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- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
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- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
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- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
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- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
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- Ministry of Finance - Indonesia
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- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Port Waratah Coal Services - Australia
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