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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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Sunday, 28 June 09
INDIA CEMENTS TO INVEST RS 1,500 CR OVER 2 YEARS
Chennai-based India Cements is planning to invest around Rs 1,500 crore over the next two years for setting up a greenfield project in Rajasthan, po ...
Saturday, 27 June 09
HEAVY CONGESTION AT AUSTRALIAN PORTS REACHING ALL TIME HIGH TO 120 SHIPS IN EAST COAST AUSTRALIA - VISTAAR SHIPPING
COALspot.com (Singapore): The market this week was a bit soft and the BDI was down by almost 10 pct and closed at 3,703 points.
The drop in BDI i ...
Friday, 26 June 09
INDONESIA INVESTORS EYE BHP BILLITON COAL PROJECT
About four Indonesian investors are interested in taking over a coal project owned by BHP Billiton Ltd, a senior government mining official said.
...
Friday, 26 June 09
SOUTH AFRICA'S CONSULTING GROUP OPENS OFFICES IN CHINA, INDONESIA
Consulting engineering company SRK Consulting has opened new offices in Asia to cope with the growing demand for its services in the region.
The ...
Friday, 26 June 09
RUSSIA MECHEL TO DELIVER 2 MLN T COKING COAL TO ASIA
Russian steel and coal producer Mechel said on Thursday it had signed contracts to deliver about 2 million tonnes of coking coal concentrate to unna ...
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- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Aditya Birla Group - India
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- PTC India Limited - India
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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