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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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Saturday, 06 June 09
COAL PRICE HIT RECORD ON STRONG CHINA DEMAND - INVESTMENT WATCH
Investment watch reported that, “Coal price hit a new high of over $72 a tonne at Australia’s Newcastle Port, a benchmark for Asia, spur ...
Friday, 05 June 09
CEMENT INDUSTRY NEEDS POLICY ON FLY ASH
H.M. Bangur, President of Cement Manufacturers' Association, on the objectives and economic impact of the proposed national policy on utilisation o ...
Thursday, 04 June 09
PAKISTAN TO IMPORT MORE COAL FROM INDONESIA - SEATRADE
COALspot.com (Pakistan): Richards bay to Pakistan sea freight has touched US$ 20.00 for 40,000/10 pct steam size in June 2009. South African c ...
Thursday, 04 June 09
CHINA'S SHANXI PROVINCE CONSIDERS COAL FUTURES BOURSE - MINE WEB
Mine Web reported that, China hopes to establish a coal futures exchange to obtain more rights on international pricing.
China's largest coal pr ...
Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...
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- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Australian Coal Association
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Trasteel International SA, Italy
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- The University of Queensland
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
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