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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, 01 November 21
COAL PRICES HAVE FURTHER ROOM TO DROP: TOP ECONOMIC PLANNER - GLOBAL TIMES
China’s top economic planner said coal prices have further room to drop on Friday, as the most traded coal futures dropped to below 1,000 yua ...
Saturday, 30 October 21
CHINA'S COAL PRICES SEE BIGGEST WEEKLY FALL IN MORE THAN 5 YEARS - REUTERS
China’s coal futures prices saw their biggest fall in more than five years after the powerful state planner said there is still room to adjus ...
Saturday, 30 October 21
G-20 LEADERS PREPARE STATEMENT TO STOP FUNDING FOREIGN COAL PLANTS - BLOOMBERG
Leaders of the Group of 20 wealthy economies are preparing to pledge to stop funding foreign coal-fired plants, but are still wrangling over climat ...
Friday, 29 October 21
APAC THERMAL COAL SUPPLY TO REMAIN TIGHT AS WINTER LOOMS - FITCH RATINGS
APAC thermal coal prices have surged, hitting historically high levels. The benchmark Newcastle 6,000kcal/kg grade coal reached USD228/tonne in mid ...
Thursday, 28 October 21
CANADA BAN ON SHIPPING COAL WOULD EQUAL SCRAPPING AS MANY AS 3 MILLION CARS - IEEFA
Canada ban on shipping coal would equal scrapping as many as 3 million cars
Change in Canadian policy could have major implications ...
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- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Sojitz Corporation - Japan
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- The University of Queensland
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
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