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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, 10 November 17
U.S. COAL OUTPUT FOR THE FIRST 10 MONTHS OF 2017 IS ESTIMATED AT AROUND 656 MMST; UP10% YOY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15 million short tons ...
Wednesday, 08 November 17
COAL MARKETS WERE MIXED; COKING COAL EKING OUT SOME GAINS; THERMAL COAL STRUGGLING - DANIEL HYNES
Coal markets were mixed, with coking coal eking out some gains, while thermal coal struggled amid the falling oil prices, ANZ Strategist said in a ...
Wednesday, 08 November 17
WEEKLY SHIPPING MARKET INSIGHT
If you are a dry bulk owner today you are definitely feeling the pressure of the past couple of years off and given the admittedly unexpected growt ...
Wednesday, 08 November 17
NEW QUAY OPENED AT THE INDUSTRIAL PORT IN BREMEN,GERMAN
Press Release: After a building period lasting three-and-a-half years, the port logistics firm Weserport, the “bremenports” comp ...
Tuesday, 07 November 17
ING JOINS FORCES ON BLOCKCHAIN-BASED PLATFORM FOR ENERGY COMMODITIES SECTOR
Blockchain technology. It’s often been described as the most important invention in computing in a generation.
So it should come as no s ...
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Showing 1886 to 1890 news of total 6871 |
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- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Independent Power Producers Association of India
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Minerals Council of Australia
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- White Energy Company Limited
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- The University of Queensland
- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
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