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Monday, 13 December 10
DEUTSCHE BANK RAISES COAL FORECASTS ON MARKET SHORTAGE - BLOOMBERG
Deutsche Bank AG raised price forecasts for thermal coal by as much as 17 percent on expectations that a shortage of the fuel will widen over the next two years.
Export power-coal prices at Richards Bay, South Africa, a market benchmark, will average $118 a metric ton next year and $140 in 2012, Daniel Brebner, a London-based Deutsche Bank analyst, said in a report dated today. That’s up from previous estimates of $110 and $120 respectively, he said.
“Beyond winter, we expect that the thermal coal market will remain tight as strong demand from emerging markets, particularly China and India, drives record levels of imports,” Brebner said. “Supply is anticipated to be constrained in key producing regions such as China, Indonesia and Australia.”
Coal demand will outpace supply by 28 million tons in 2011 and by 30 million tons the year after, Brebner said. Richards Bay coal prices rose to $107.11 a ton last week, the highest in more than two years, according to data from IHS McCloskey. Prices rose as lower-than-usual temperatures and snowstorms in Europe push up demand for the fuel.
Paris will be as cold as minus 1 degree Celsius (30 degrees Fahrenheit) today, according to information on the World Meteorological Organization’s website. That’s compared with a December mean of 3.6 to 7.8 degrees Celsius from 1971-2000. Parts of Estonia are enduring the deepest snowfalls for this month since 1965, state broadcaster Eesti Rahvusringhaeaeling reported on its website.
Source: Bloomberg / Hellenic Shipping News
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Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release - Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing the international gathering ...
Tuesday, 04 January 11
DRY BULK MARKET TO RANGE BETWEEN 1,700 AND 2,600 POINTS IN THE FIRST QUARTER OF 2011, ANALYSTS SAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As we entered 2011, ship owners and analysts, as well as shipbrokers are looking into their “crystal balls” to try to decode the dry bul ...
Monday, 03 January 11
TAXATION FOR COAL MINING COMPANIES IN INDONESIA - A TAX EXPERTS VIEW
COALspot.com - Mrs. Sri Wahyuni Sujono, managing partner of SF Consulting has wrote an exclusive report regarding taxation for coal mining companies ...
Sunday, 02 January 11
JAISWAL TO SEEK COAL MINES IN AFRICA - HINDUSTAN TIMES
Coal Minister Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal asset ...
Saturday, 01 January 11
COAL PRODUCTION EXPECTED TO EXCEED 340 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce 340 million tons of coal in 2011, an increase of 23 percent from 275 millio ...
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- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Parliament of New Zealand
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Medco Energi Mining Internasional
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Posco Energy - South Korea
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Trasteel International SA, Italy
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