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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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- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- Planning Commission, India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- MS Steel International - UAE
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
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