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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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Sunday, 28 June 09
INDIA CEMENTS TO INVEST RS 1,500 CR OVER 2 YEARS
Chennai-based India Cements is planning to invest around Rs 1,500 crore over the next two years for setting up a greenfield project in Rajasthan, po ...
Saturday, 27 June 09
HEAVY CONGESTION AT AUSTRALIAN PORTS REACHING ALL TIME HIGH TO 120 SHIPS IN EAST COAST AUSTRALIA - VISTAAR SHIPPING
COALspot.com (Singapore): The market this week was a bit soft and the BDI was down by almost 10 pct and closed at 3,703 points.
The drop in BDI i ...
Friday, 26 June 09
INDONESIA INVESTORS EYE BHP BILLITON COAL PROJECT
About four Indonesian investors are interested in taking over a coal project owned by BHP Billiton Ltd, a senior government mining official said.
...
Friday, 26 June 09
SOUTH AFRICA'S CONSULTING GROUP OPENS OFFICES IN CHINA, INDONESIA
Consulting engineering company SRK Consulting has opened new offices in Asia to cope with the growing demand for its services in the region.
The ...
Friday, 26 June 09
RUSSIA MECHEL TO DELIVER 2 MLN T COKING COAL TO ASIA
Russian steel and coal producer Mechel said on Thursday it had signed contracts to deliver about 2 million tonnes of coking coal concentrate to unna ...
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- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Xindia Steels Limited - India
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- The University of Queensland
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- ASAPP Information Group - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Indian Energy Exchange, India
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- Planning Commission, India
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
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