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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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Wednesday, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million ...
Tuesday, 14 September 10
MID HIGH TEENS FROM WCI, AND HIGH TEENS FROM ECI TO CHINA - BRS
A fairly flat market for the dry bulk segments this week, although the Panamaxes jumped on the back of strong grain exports in the Atlantic. It ...
Tuesday, 14 September 10
HIGH CHARTERING ACTIVITY NEEDS TO KEEP UP FOR DRY BULK RATES TO REMAIN HIGH
Last week’s increase of spot chartering activity pushed dry bulk freight rates to new highs, after a less than lackluster summer. As a result, ...
Monday, 13 September 10
GLENCORE BUYS STAKE IN MINER BUMI
The Jakarta globe reported that, Switzerland-based Glencore International, the world’s largest commodities trader, has quietly acquired a $200 ...
Monday, 13 September 10
IT'S JAI INDONESIA FOR OUR POWER FIRMS
Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet ...
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Showing 5611 to 5615 news of total 6871 |
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- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Planning Commission, India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Parliament of New Zealand
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
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