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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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Friday, 18 May 18
AFTER COAL, INDONESIAN GOVERNMENT PUSHES DMO ON GAS FOR ELECTRICITY
After introducing its domestic market obligation (DMO) policy for coal on March 12, the government is going forward with its plan to introduce a DM ...
Friday, 18 May 18
INDONESIA'S SAMARINDA ANCHORAGE COAL LOADING ACTIVITIES WERE RESUMED YESTERDAY AT 4PM LOCAL TIME
Samarinda Anchorage coal loading activities were resumed yesterday at 4PM local time.
Local fishermen in Samarinda Anchorage have been demonst ...
Wednesday, 16 May 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Half-way through the second quarter of the year and as the Posidonia week approaches everyone is getting ready for this unique gathering that besid ...
Thursday, 10 May 18
PRIVATE POWER PRODUCERS NEED A 'POWERFUL PUSH' - PRADEEP MITTAL
- PLF of the Private Sector in the country (Coal and Lignite based) for FY 2017-18 (till Dec 2017) is 56%.
- 51 GW of stressed assets (Thermal &a ...
Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indones ...
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Showing 1721 to 1725 news of total 6871 |
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- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Bhatia International Limited - India
- Aditya Birla Group - India
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- VISA Power Limited - India
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