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Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)
 China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic prices, two key Indonesian producers said on Tuesday.
The Indonesian unit of Thai Banpu said China's appetite for coal was still robust, while Indonesia's No. 2 coal miner PT Adaro also said Chinese demand for imported material was expected to stay robust.
There have been growing concerns among some producers and traders that China's recent hunger for overseas coal could soon fade following spikes in Asian thermal coal and freight prices in recent weeks, which are fast eroding the price advantage for southern Chinese utilities of purchasing the fuel.
Australian coal prices on the globalCOAL Newcastle index, a benchmark for Asia, jumped by nearly $3 from Friday and struck the psychologically important level of $70 a tonne on Monday, while port coal prices at China's top coal port Qinhuangdao were hovering at around $92 a tonne.
Some industry participants also said that utilities in southern China might buy less coal in the second half as many would have already contracted large volumes earlier this year to meet part of their full-year requirements.
Banpu's unit in Indonesia, PT Indo Tambangraya Megah, which also has stakes in power plants in China, said some utilities in southern China have been increasing their coal purchases since April as they step up power production.
"As long as there is a difference between domestic and import prices, China will still be buying coal from overseas," Apimuk Taifayongvichit, chief marketing and logistics planner at Indo Tambangraya Megah, said at the Coaltrans conference in Bali.
"And we do not expect domestic prices to tumble."
Apimuk also said the firm was looking to acquire coal mines in Indonesia to increase the company's production.
Indonesia's Adaro also said China's demand for overseas coal was expected to stay strong in the second half of this year.
"From the signs we've seen, going forward, we can only say it is still looking strong in the second half," said Alastair Grant, Adaro's marketing director
Grant said Adaro was expecting to increase sales to China to about 3.5 million tonnes in 2009, compared with about 2 million tonnes last year. He added that the bulk of that 3.5 million tonnes volume had already been contracted.
Indonesia's largest coal miner, PT Bumi Resources Tbk , said on Monday it had sold about 8 million tonnes of coal to China for delivery in 2009.
Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK12258320090602
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Saturday, 09 October 10
9TH ASIA PACIFIC MINING CONFERENCE & EXHIBITION 13 14 OCTOBER 2010 AT SHANGRI-LA HOTEL, JAKARTA.
COALspot.com: (Press Release) In October 2010, the Indonesian Mining Association (IMA) and the Indonesian Coal Mining Association (APBI) will host t ...
Saturday, 09 October 10
SAIL SEEKS LONG-TERM COKING COAL SUPPLY FROM GLOBAL COMPANIES - BUSINESS STANDARD
State-owned Steel Authority of India (SAIL) Friday invited bids from global companies for long-term supply of coking coal to feed its expanding stee ...
Friday, 08 October 10
INVESTORS STILL RELUCTANT TO ENTER DOWNSTREAM INDUSTRIES - THE JAKARTA POST
The Jakarta Post reported that, mining companies are showing a low level of enthusiasm to enter the downstream industries, as required by the 2009 M ...
Friday, 08 October 10
VESSEL OWNERS ARE RELUCTANT FOR INDONESIA TO INDIA COAL TRIPS - FEARNBULK
Handy
Last week ended with a flourish of activity as the Chinese tried to fix any prompt vessels before the Golden week festivities, and since the ...
Thursday, 07 October 10
MIRACH ENERGY GAINS RIGHTS TO EAST KALIMANTAN COAL MINE - THE EDGE SINGAPORE
The Edge Singapore reported that, Mirach Energy says it has gained the rights to produce and sell coal in an open-pit coal mine in Samarinda, the ca ...
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- Bhatia International Limited - India
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Vedanta Resources Plc - India
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
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