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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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Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for ...
Friday, 20 November 09
INDONESIAN CO PLANS JV WITH NAGARJUNA
Economic Times reported that, Infrastructure firm Nagarjuna Constructions Company (NCC) is set to form a joint venture with an Indonesian coal minin ...
Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...
Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...
Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...
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- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Vizag Seaport Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- MS Steel International - UAE
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Mercator Lines Limited - India
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