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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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- Australian Coal Association
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Aditya Birla Group - India
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- The University of Queensland
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
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