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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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Monday, 19 December 11
PLN WILL NO LONGER BUY COAL FROM TRADERS
COALspot.com - Indonesia's state electricity company PT Perusahaan Listrik Negara will no longer allow traders to become their suppliers, said, its ...
Saturday, 17 December 11
THE FREIGHT MARKET SEEMS TO HAVE ALMOST BOTTOMED OUT AND MAY REMAIN STEADY AT THESE LEVELS CAPT REDDY
COALspot.com - The BDI and Cape index closed lower this week with BDI closing at 1,888 points (down by 1.76 pct) and Cape index at 3,572 points (dow ...
Friday, 16 December 11
DRY BULK MARKET LOSES TRACK ON CAPESIZE LOSSES, SHIP FINANCING REMAINS TROUBLESOME - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn’t manage to sustain earlier gains, losing track yesterday, on reduced Capesize demand and persisting troubles in smal ...
Thursday, 15 December 11
BERAU SEES INDIA AS POTENTIAL MARKET FOR LOW-CALORIE COAL - THE JAKARTA POST
The Jakarta Post reported that, Publicly listed coal mining company PT Berau Coal Energy (BRAU), the fifth largest coal producer in Indonesia, sees ...
Thursday, 15 December 11
PANAMAX HARDLY AFFECTED BY THE RECENT FIRMER TENDENCY FOR THE BIG SISTERS - FEARNBULK
Handy
The rates are more or less the same as last week. Continent/US Gulf fixing at tick below USD 10k and Gulf/Continent levels at USD 25k. Trips ...
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Showing 4926 to 4930 news of total 6871 |
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- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Medco Energi Mining Internasional
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Economic Council, Georgia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- VISA Power Limited - India
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
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