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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, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itoch ...
Tuesday, 07 November 17
DRY BULK SHIPPING: TAKE GOOD CARE OF THE RECOVERY SAYS PETER SAND
Demand:
Even without much support from Brazilian iron ore exports during August, capesize rates went from $10,000 to $17,000 per day. In Septembe ...
Tuesday, 07 November 17
COAL MARKETS WERE RELATIVELY BUOYANT - DANIEL HYNES
Coal markets were relatively buoyant. Metallurgical coal prices were supported by the stronger steel and iron ore prices, says Daniel Hynes, Senior ...
Tuesday, 07 November 17
PROSPERITY AND WINTER WARMTH REMAIN PARAMOUNT IN CHINA - JEFFREY LANDSBERG
Chinese officials announced recently that 580 gigawatts of coal-derived electricity generation capacity has completed ultra-low emissions reform as ...
Monday, 06 November 17
COAL SHORTAGE HURTS INDIA'S HINDALCO AND VEDANTA SAYS BUSINESS STANDARD
Aluminium smelter operations of Vedanta and Hindalco are at risk of turning unviable due to a coal crunch.
According to Business Standard an I ...
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Showing 1891 to 1895 news of total 6871 |
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- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Indonesian Coal Mining Association
- Larsen & Toubro Limited - India
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Aditya Birla Group - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- London Commodity Brokers - England
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