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Wednesday, 03 June 09
POWER DEMAND TO BOOST INDIA COAL IMPORTS DURING MONSOON - STEELGURU
Reuters quoted Indian coal importers said that strong demand for power in India is likely to keep coal imports at the maximum level possible in the June to September monsoon season.
In January importers said they expected India to import over 40 million tonne of thermal coal in 2009 but the total could be higher if imports do not slow substantially as usual during the monsoon.
Shipping analysts said China's surging imports of coal and iron ore have been a much more noticeable factor boosting prices in Asia as well as freight rates. One London based shipping analyst said "India's import demand has been more of a focus in coal than in freight where everybody's attention is on China because of the scale of what China is doing," adding that Indian coal demand is going on steadily in the background.
Traders said Indian end users and stock and sale traders have already built stocks of coal at ports ahead of the monsoon but further imports will be needed to meet demand through the summer.
Indian trade buyers said they are seeking any coal which can be delivered to India for less than USD 70.00 tonne CIF, a price acceptable to their end user power plant clients. This has mostly been South African during the past few weeks but traders Glencore sold around 10 cargoes of competitively priced Indonesian coal last week to several Indian buyers.
They said but the majority of west coast ports will continue to operate as normal this year. Kandla and Magdalla are among the few which will be severely affected. Goa will also slow operations. East coast coal ports such as Kolkata, Paradip, Vishakapatnam and Chennai will continue to work close to normal levels.
Source: http://steelguru.com/news/index/2009/06/03/OTY5MDY%3D/Power_demand_to_boost_India_coal_imports_during_monsoon.html
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Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
Coal India Ltd., the world’s biggest coal producer, wants mining approvals sped up to help it boost production to meet a widening supply short ...
Tuesday, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal ...
Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...
Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...
Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...
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- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- The University of Queensland
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- PTC India Limited - India
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- White Energy Company Limited
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Intertek Mineral Services - Indonesia
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- ASAPP Information Group - India
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