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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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Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The ...
Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
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- Kobexindo Tractors - Indoneisa
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- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
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- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
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- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Deloitte Consulting - India
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- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
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- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
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- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
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- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Asmin Koalindo Tuhup - Indonesia
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- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
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- Commonwealth Bank - Australia
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- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Parliament of New Zealand
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- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
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- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Minerals Council of Australia
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- GMR Energy Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
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- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
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- PowerSource Philippines DevCo
- Australian Coal Association
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- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
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- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
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- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
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- The Treasury - Australian Government
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- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
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- Tata Chemicals Ltd - India
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- McConnell Dowell - Australia
- Agrawal Coal Company - India
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