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Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
 China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure supplies and help stabilize prices, the nation’s top economic planner said.
The province will complete the construction of four to six coal stockpile bases within the next three to five years, the National Development and Reform Commission said in a statement on its Web site today. The bases will each have a capacity to store more than 20 million metric tons of coal.
Shandong’s annual coal shortage may rise to more than 190 million tons next year, according to the commission. Coal prices at China’s Qinhuangdao port, a domestic benchmark, soared to a record in July last year and since then have almost halved as the global recession reduced energy demand.
"The province needs to build coal stockpiles and transit bases urgently to cope with potential energy supply disruptions,” the commission said. "Coal resources will become tighter in the long term, and it will be harder to secure resources from the outside market.”
Shandong, the nation’s second-most populous province, produced 135 million tons of coal last year, while provincial demand was 270 million tons, the commission said. By next year, coal consumption may rise to 311 million tons and output may be less than 150 million tons, the economic planner said. China produced 2.6 billion tons of coal in 2008.
Coal Imports
The bases will be stocked with coal from local mines and possibly imports from countries including North Korea, Indonesia and Vietnam, the commission said, without elaborating.
"Shandong needs more coal from the outside market compared with other provinces, so it’s necessary for them to build some stockpiles,” Wang Shuai, a mining analyst at Orient Securities Co., said by telephone in Shanghai. “On a national level, it may not be that urgent to build coal stockpiles now as China is self-sufficient.”
The four bases will be located in Longkou, Laiwu, Zhucheng and Qihe in the first phase and two more will be built in Rizhao and Heze “when the time is ripe,” the commission said.
The base in Longkou city will start operations in October and will eventually have a capacity of 50 million tons, the commission said.
Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ashxl8kfqenM
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Wednesday, 20 May 09
COAL & OIL BAGS TWO CONTRACTS TO SUPPLY COAL TO CEMENT & SUGAR INDUSTRY IN INDIA
COALspot.com: According to website of Coal & Oil Company, Aditya Birla Group (Ultratech) have placed orders with Coal and Oil Company for supply ...
Wednesday, 20 May 09
CIL MAY URGE NEW GOVERNMENT TO HIKE COAL PRICE - STEELGURU
BL reported that soon after assuming office the new government may be faced with a proposal for an increase in prices of coal by Coal India Limited ...
Wednesday, 20 May 09
S.KOREA COAL IMPORTS IN APRIL DOWN 22 PCT Y/Y - REUTERS
South Korea's imports of heating coal in April fell 22 percent from a year earlier on bearish demand from domestic utilities, industry data showed ...
Wednesday, 20 May 09
THE WORLD'S TOP COAL TRADING COMPANIES - REUTERS
The international physical steam coal market has become increasingly liquid and tradeable during the past five years.
Physical global seaborne co ...
Wednesday, 20 May 09
SHIPPING INDEX RISES TO 7-MONTH HIGH AS CHINESE DEMAND ADVANCES - BLOOMBERG
The Baltic Dry Index, a measure of shipping costs for commodities, rose to a seven-month high in London on accelerating Chinese demand for iron ore. ...
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- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- The University of Queensland
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- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Deloitte Consulting - India
- VISA Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Economic Council, Georgia
- New Zealand Coal & Carbon
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Australian Coal Association
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