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Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing by 36.2%, or 1.29 million tonnes compared with May 1st. In the face of the rebounding coal stockpiles, some industry insiders expressed that this would exert pressure to coal price, and also some analysts believe that it can be regarded as a reflection of the traders' positive attitude.
China's Guangzhou port has witnessed the same trend, with coal stock rebounding to current 2.53 million tonnes from 2.2 million tonnes in early May by 15%.
An expert from China Coal Industry Association said "What makes a difference from in March and April is that coal stock is also increasing in power enterprises, instead of merely keeping stable. Journalists got to know that by May 31st coal stock at China's locally served power enterprises had stayed at 32.32 million tonnes, enough for 18 days' operation. This quantity was 1.57 million tonnes more than on May 17th and 4.18 million tonnes more than in March 30th.
An expert said "In short term, coal market will still be in a state of oversupply, so it does have pressure to coal price. However, no signs point to coal price drop at Qinhuangdao port so far and till yesterday high grade mixed coal with 6,000 calorie per kilogram at the port had prevailed at CNY 620 per tonne to CNY 640 per tonne.”
An analyst from a security company said that growing coal stock indicate traders' confidence has recovered to some point. At present the stocking time remains at 8 days which is a normal level compared with 7 to 11 days in history. He further pointed out that a rip might show up in coal supply and demand in the near future.
Source:http://www.steelguru.com/news/index/2009/06/04/OTcwNTk%3D/China_Qinhuangdao_coal_stock_jumps_by_36.2%2525MoM.html
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Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today.
& ...
Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...
Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS
San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philip ...
Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...
Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed th ...
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- Global Green Power PLC Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- The University of Queensland
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- MS Steel International - UAE
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Agrawal Coal Company - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thai Mozambique Logistica
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
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