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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, 10 April 19
KOSPO INVITED BIDS FOR 160K MT OF MIN. 3700 NCV COAL FOR JUNE LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 160,000 MT of min. 3,800 Kcal/kg ~max.4,100 ...
Wednesday, 10 April 19
CHINA'S GROWING THERMAL COAL SUPPLY TO PRESSURE EXPORTERS - FITCH RATINGS
Growing Chinese thermal coal supply is likely to lead to further tightening of import controls by the government, putting pressure on seaborne coal ...
Wednesday, 10 April 19
SHIPPING MARKET INSIGHT - INTERMODAL
The tragedy in Brazil’s Vale Brumadinho where a tailings dam collapsed in January ranks among the world’s worst mining disasters. It co ...
Monday, 08 April 19
5TH INDIA NUCLEAR NEW BUILD CONGRESS 2019
5th India Nuclear New Build Congress 2019
The congress in Mumbai aims to bring together representatives from governments, regulators ...
Monday, 08 April 19
THERMAL COAL PRICES FALL, INDIAN POWER PLANTS TO SEE LIMITED GAINS - BUSINESS STANDARD
Thermal coal prices are on a downward spiral globally. Australian coal prices have fallen nearly 20 per cent in the past week, and 40 per cent from ...
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Showing 1426 to 1430 news of total 6871 |
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- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Australian Coal Association
- MS Steel International - UAE
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Indian Oil Corporation Limited
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Minerals Council of Australia
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- The University of Queensland
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
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