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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, 05 September 17
COAL: A STRONG MOVEMENT IN THE COAL MARKET OVER THE SUMMER MONTHS - GEORGE LAZARIDIS
We have been witnessing a strong movement in the coal market over the summer months something that has not only helped boost prices for the commodi ...
Friday, 01 September 17
U.S COAL OUTPUT DIPS WEEK OVER WEEK, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.7 million short ton ...
Thursday, 31 August 17
SUPRAMAX: INDO TO CHINA COAL TRIPS AT AROUND $9000, DELIVERY THAILAND - FEARNLEYS
Supramax
A bit slow start to the week with UK holidays on Monday. Still strong rates for cargoes out of Black Sea, where front hauls where done $ ...
Tuesday, 29 August 17
WEEKLY SHIPPING MARKET ANALYSIS - ALLIED
In the aftermath of Hurricane Harvey, one of the worst disasters to hit Texas, we are now looking to get a clearer picture of the possible disrupti ...
Tuesday, 29 August 17
U.S WEEKLY COAL OUT UP 3.4% WEEK OVER WEEK TO APPROX. 17 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 17 million short tonne ...
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Showing 1956 to 1960 news of total 6871 |
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- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- The University of Queensland
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Independent Power Producers Association of India
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- GMR Energy Limited - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
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