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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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Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...
Wednesday, 01 December 21
MARKET INSIGHT - INTERMODAL
Essentially, anyone involved in the shipping and commodity markets still struggle with commodity supply issues and skyrocketing prices in the conte ...
Tuesday, 30 November 21
CHINA'S TOP ECONOMIC PLANNER SUMMONS COAL PRODUCERS; LONG-TERM PRICING MECHANISM IS ADVISED - GLOBAL TIMES
China’s top economic planner the National Development and Reform Commission (NDRC) said on Monday that they summoned coal producers for a hea ...
Tuesday, 30 November 21
CHINA'S COAL PRICES PLUNGE AFTER GOVT SIGNALS MORE PRICE REGULATION - REUTERS
China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signaled further regulations for prices of the dirty pow ...
Friday, 26 November 21
AS COAL MARKET STABILIZES, CHINA STEPS UP NATURAL GAS SUPPLY TO MEET WINTER DEMAND - GLOBAL TIMES
The daily supply of natural gas in China has exceeded 1 billion cubic meters (bcm) since November began, up 11 percent year-on-year, data from stat ...
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- Global Business Power Corporation, Philippines
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- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
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- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
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- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- SN Aboitiz Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
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