We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...
Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
|
|
|
Showing 5461 to 5465 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- The University of Queensland
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Planning Commission, India
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
|
| |
| |
|
