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Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
 China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on the year, or flat after tax effects, sources said on Thursday.
The price increase is in line with deals signed earlier in Shandong and Henan provinces, said the sources, including an executive at one of the power producers and a power industry official, both with knowledge of the negotiations.
The tonnage contracted so far, estimated at more than 100 million tonnes, accounts for up to 20 percent of the total annual coal consumption at these companies, the sources said.
"We've signed some contracts in certain regions, but deals with most of the expected regions are still up in the air," said the power company executive.
The industry official said the top five firms might sign annual deals for 200-300 million tonnes in all.
The top five state-owned power groups -- Huaneng, Datang, Guodian, Huadian and China Power Investment -- have been in talks with coal producers since December last year to try to agree contract prices.
The absence of a deal within China and the slowdown in demand overseas helped drive Chinese imports of coal to a record high in April, the last month for which data is available.
After the Henan and Shandong deals, analysts at Nomura said they expected the price to spread to the rest of China.
"We believe the rest of the coal miners in China may take the prices they have negotiated as benchmarks to finalise coal contracts in other provinces," Nomura analysts Ivan Lee and Evan Li Nomura said in a note to clients on June 5.
They said if the trend continued, it would improve earnings forecasts for the power firms' listed units: Datang Power, China Resources Power, Huaneng Power, Huadian Power and China Power.
Last week Chinese miner Yanzhou Coal said it had struck deals for 7.84 million tonnes with an average benchmark price of 502.62 yuan per tonne, including 4.29 million tonnes for power producers at 463.86 yuan per tonne, a 4 percent increase from 2008.
The provincial deals involve local coal mines, not top Chinese miners such as Shenhua, which has insisted this year's contract price for coal with calorific value of 5,500 kcal/kg (NAR) should rise to 540 yuan a tonne, or 17 percent higher than last year.
The power firms have so far rejected Shenhua's price, citing deep losses last year due to rising coal costs and lower power demand amid the economic downturn.
Source:http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSHA8440720090611
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Monday, 15 August 11
INDIAS MALABAR CEMENTS SEEK TO IMPORT 40,000 TONS OF COAL
COALspot.com - Malabar Cements Ltd., India's Keralaa government owned cement factory is seeking to import 40K metric tons of non-coking coal throug ...
Sunday, 14 August 11
SUPRAMAX CHARTER RATES SHARPLY UP - CAPT.REDDY
COALspot.com - The BDI ended positive with gains in Cape and Panamax index. The BDI was up by 1.50 pct and the cape and panamax index was up by almo ...
Saturday, 13 August 11
GMR HAS ENTERED INTO CSPA WITH GEMS TO ACQUIRE 30% STAKE
COALspot.com - GMR Infrastructure Investments (Singapore) Pte Ltd, a subsidiary of GMR Infrastructure, has signed conditional sale and purchase agre ...
Friday, 12 August 11
COAL MINERS WILL ALLOW TO CONSTRUCT MINE MOUTH POWER PLANT
COALspot.com - The government is set to draft a regulation to enable construction of steam-fired power plants (PLTU) by coal mining companies for th ...
Friday, 12 August 11
CAPESIZE DEMAND HELPS LIFTING OF DRY BULK MARKET - HELLENIC SHIPPING NEWS
The dry bulk market has recovered a small fraction of its lost ground this week, with higher returns as a result of increased capesize demand. This ...
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- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Minerals Council of Australia
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- White Energy Company Limited
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Lanco Infratech Ltd - India
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Formosa Plastics Group - Taiwan
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Coastal Gujarat Power Limited - India
- Semirara Mining Corp, Philippines
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
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