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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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Saturday, 23 October 10
HEAVY RAINS NO DAMPENER FOR 2010 COAL OUTPUT TARGET, MINISTRY SAYS - THE JAKARTA GLOBE
The Jakarta Globe reported that, National coal production would likely meet the target set by the Energy Ministry despite unusually heavy rain this ...
Thursday, 21 October 10
WORLDS FIRST, SINGAPORE EXCHANGE TO CLEAR OTC INDONESIAN COAL SWAP - MONDOVISIONE
Mondovisione reported that, Singapore Exchange (SGX) will be the first exchange in the world to clear over-the-counter (OTC) Indonesian Sub-Bitumino ...
Thursday, 21 October 10
MEC WOOS INDIAN POWER FIRMS FOR 50% STAKE SALE - BUSINESS STANDARD
Business-Standard reported that, Singapore-based MEC Coal plans to rope in an Indian power company as a 50 per cent equity partner. It is believed t ...
Thursday, 21 October 10
CAPESIZE, A FANTASTIC WEEK WITH IMPROVED RATES IN BOTH BASINS - FEARNBULK
Handy Activity remains slow this week combined with a lack of fresh enquiry in the Atlantic. Indexes are all negative except Cape but it is worth no ...
Wednesday, 20 October 10
BLENDING OF IMPORTED COAL AT THERMAL PLANT UP TO 30 % MAY BE ALLOWED - PUNJAB NEWS LINE
Punjab News Line reported that, Indian government is considering allowing increase in the blending ratio of imported coal from 10 to 30 percent at t ...
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- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Central Java Power - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- White Energy Company Limited
- Chamber of Mines of South Africa
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Minerals Council of Australia
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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