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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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Friday, 22 October 21
CHINA WANTS TO COOL COAL PRICES. SIMILAR MOVES FOR METALS, CRUDE FAILED - REUTERS
China’s latest attempt to lower runaway commodity prices, this time for thermal coal, is likely to follow a familiar pattern of initial succe ...
Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
- Hard coal remains an important factor for security of supply
- Increase of around 35% in hard-coal-fired power generation in the first three ...
Wednesday, 20 October 21
CHINA'S COAL SHORTAGE TO EASE IN COMING MONTHS, INDUSTRY BODY SAYS - REUTERS
China’s coal shortage will likely ease in coming months, with domestic production and imports already showing signs of picking up, a coal ind ...
Wednesday, 20 October 21
CHINA'S RAW COAL OUTPUT DROPS IN SEPTEMBER - XINHUA
China’s raw coal output dropped 0.9 percent year on year to 330 million tonnes last month, data from the National Bureau of Statistics (NBS) ...
Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and ...
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- GMR Energy Limited - India
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
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- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
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- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Timah Investasi Mineral - Indoneisa
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- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- London Commodity Brokers - England
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- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
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- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
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- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Planning Commission, India
- Videocon Industries ltd - India
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- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
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- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
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- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Indonesian Coal Mining Association
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- Kartika Selabumi Mining - Indonesia
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- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
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- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Global Coal Blending Company Limited - Australia
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