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Monday, 22 June 09
CHINESE MAY COAL IMPORTS HIT RECORD 9.43 MILLION TONNES
 Reuters quoted Custom Data showed that China's coal imports hit an all-time record of 9.43 million tonnes in May.
The figure surpasses the previous record of 9.16 million tonnes set in April, which analysts said was caused by a shutdown of small mines in China as well as thin demand on the international market, coupled with the failure of Chinese power firms to agree on a coal supply deal with domestic miners.
The huge level of shipments, more than twice the 4.16 million tonnes imported in May last year, brings China's coal imports in the first five months of 2009 to 32.2 million tonnes, 73% ahead of imports in the same months of 2008.
The surge in imports in April and May, a leap from previous monthly volumes ranging between 3 million and 6 million tonnes, comes despite a rebound in the cost of freight and a pick-up in coal prices.
Chinese coal remains relatively uncompetitive on the world market, with data released earlier this month showing exports of 1.19 million tonnes in May, the lowest monthly volume in more than 11 years. That puts net imports at 8.24 million tonnes in the month, compared to net exports of 4.6 million tonnes in the whole of last year, turning China from a small seller to a major buyer on the world market.
China meets the vast majority of its coal needs from its own mines, which produce roughly three times as much as is traded on the world seaborne market. But it also buys coal from Australia, Indonesia, Vietnam and Mongolia, and the circle of suppliers widened at the start of this year as shipping costs and global demand slumped.
The Customs data did not give any breakdown of the imports or exports. In the first four months of the year, the coal type showing the biggest increase in imports was coking coal, used by China's huge steel sector, which has continued producing at 2008 levels while most other steel firms have halved output. But most of China's imports are coal grades suitable for power generation, with coking coal making up less than a third of the total.
Source: Steel Guru (http://steelguru.com/news/index/2009/06/22/OTkzOTI%3D/Chinese_May_coal_imports_hit_record_9.43_million_tonnes.html)
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Tuesday, 07 July 09
TATA POWER AID THE INDONESIAN COAL MINES
BL reported that Mr Prasad Menon MD of TATA Power aid the Indonesian coal mines PT Kaltim Prima Coal and PT Arutmin Indonesia in which TATA Power ha ...
Tuesday, 07 July 09
ECONOMIC SURVEY 2008-09 OPEN UP COAL TO FUEL POWER PLANTS
TOI reported that the coal ministry's efforts at opening doors for full private entry through open bidding in coal mining got a boost, with the Eco ...
Tuesday, 07 July 09
POWER - STATION COAL MAY RISE ON CHINA DEMAND, SUPPLIES, UBS SAYS
Power-station coal prices in Asia may increase in 2010 because of higher demand from China, the second-largest energy-consuming nation, and supply c ...
Saturday, 04 July 09
FREIGHT FUTURE FOR 3 YEARS UNTIL 2012 WAS FAIRLY SOFT AROUND PANAMAX / US$ 16,000, SUPRAMAX / US$ 13,000 PER DAY
COALspot.com (Singapore): According to Vistaar shipping, an experinced ship operator in Singapore, the freight market was soft with bit nervousness ...
Saturday, 04 July 09
CHINA BUYS 17% OF MINER TECK RESOURCES FOR $1.5 BILLION
* To sell 17.2 percent stake to China Investment Corp
* To raise proceeds of C$1.74 bln
* Shares rise 3.2 percent (Adds details. In U.S. dol ...
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- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
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- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- White Energy Company Limited
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
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