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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 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining ...
Friday, 18 May 12
KOREA EAST WEST POWER LOOKING FOR TOTAL 2.6 MILLION TONS OF 4600 NAR COAL AT FIXED PRICE FOR 5 YEARS
COALspot.com - Korea East West Power Co., Ltd is inviting bids to supply of 520,000 Metric Tons (per annum) of minimum 4,600 kcal/kg coal of N ...
Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy
The market remained variable.
Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...
Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...
Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...
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Showing 4726 to 4730 news of total 6871 |
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- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- White Energy Company Limited
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- VISA Power Limited - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Planning Commission, India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- PTC India Limited - India
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
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