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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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Tuesday, 30 November 99
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Showing 6871 to 6871 news of total 6871 |
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- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- White Energy Company Limited
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Planning Commission, India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- PowerSource Philippines DevCo
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
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