We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 29 October 09
INDIA CEMENTS SET TO ACQUIRE COAL MINE IN INDONESIA
Business-Standard reported that, India Cements is set to acquire a coal mine in Indonesia for around $20 million (around Rs 100 crore). The company ...
Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
|
|
|
Showing 6296 to 6300 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Indika Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
|
| |
| |
|