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Monday, 19 November 12
IHS MCCLOSKEY ASIA PACIFIC COAL OUTLOOK CONFERENCE 2012
With the current global oversupply of thermal coal showing no signs of abating and spot prices falling to a two-year low, concerns are growing that cash costs in many producing regions are coming close to, or are higher than spot market prices. However, globally the miners hit don’t seem to be making the production cuts necessary to stem a continued fall in prices. The Indonesian market is still under pressure but Indonesia is one of the world’s low cost suppliers so exporters should be well placed to ride out the storm.
Competition amongst low grade coals to serve the burgeoning Chinese and Indian markets is now more prominent, with Australia and Richards Bay becoming more transparent in offering high ash steam coals. The industry is now operating in a 5,500 kcal NAR world in comparison to the 6,000 kcal traded traditionally.
And while this is a market in oversupply, it does not lack demand growth. Imports into China and India continue to grow at an impressive rate, along with those of the traditional tiger economies of S Korea and Taiwan. However Indonesian and Australian exporters appear to be over-responding to the perceived power sector demand growth, placing too much coal into an already crowded market. With Colombian, South African and US material also advancing into the Pacific markets the sector is looking oversaturated in 2012.
- But what can we expect in 2013?
- Can the Chinese, with a new government and easier macro-economic conditions, continue to drive the market?
- Can India overcome the supply issues it is struggling with today?
- Will current prices drive production cuts to tighten the market?
Asia Pacific Coal Outlook Conference 2012
5th – 6th December 2012
The Grand Hyatt Hotel, Bali
Natalie Smith - +44 (0)7785 426 898
Natalie.Smith@ihs.com
To know more about IHS McCloskey Asia Pacific Coal Outlook Conference 2012 click here
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Tuesday, 27 November 12
NEWCASTLE PORT HAS SHIPPED 1.79 MILLION TONS OF COAL W/E 26 NOVEMBER
COALspot.com - Newcastle port in Australia has loaded 1,793,841 MT of thermal and coking coal for week ended 0700 hours 26 November 2012, Newc ...
Sunday, 25 November 12
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO BE FIRM - VISTAAR
COALspot.com - The freight market was buoyant this week with all sectors up except for the Cape size index. The BDI was up by 5.21 pct closing at 10 ...
Sunday, 25 November 12
INDONESIAN SUB BITUMINOUS COAL SWAP CONTRACTS SLIDE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for February 2013 delivery lost 0.76percent WoW but gained 0.16 percent DoD on Friday ...
Saturday, 24 November 12
DELTA DUNIA MAKMUR PRODUCES 3.2 MILLION TONS OF COAL IN OCTOBER
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 31.1 million bcm* (-4.0% YoY) of Overburden in October 2012 totaled while coal production was ...
Friday, 23 November 12
CHOOSING THE RIGHT TIME TO INVEST IN NEW VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Shipping is all about timing, a process often rising to the height of artform, as ship owners are having to pick the exact moment of selling most of ...
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- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
- White Energy Company Limited
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Bukit Baiduri Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
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