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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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Thursday, 22 November 12
HANDY: INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 12500 - FEARNRESEARCH
Handy
The north Continent is seeing plenty of tonnages but lack of cargoes. TA business are around 11k and fronthaul is around 17k.Tonnages has tig ...
Thursday, 22 November 12
DRY BULK MARKET RISE, BUT OUTLOOK SEEN DIM ON THE BACK OF RECORD NEW BUILDING DELIVERIES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been under hefty pressure since the start of the year, as a result of record newbuilding deliveries and below-par demand for ...
Wednesday, 21 November 12
LITTLE IMPACT FROM DISSOLUTION OF BP MIGAS ON INDONESIAN OIL & GAS COMPANIES - FITCH
Fitch Ratings has said that the recent court order to abolish the Indonesian upstream oil and gas regulator, BP Migas, has minimal immediate impact ...
Wednesday, 21 November 12
ORPHEUS ENERGY SECURES FIRST COAL OFF TAKE CONTRACT
COALspot.com - Orpheus Energy Limited (ASX:OEG) has announced that it has signed a coal sales contract with an Indonesian steel manufacturing compan ...
Tuesday, 20 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 13.18 PERCENT LESS COAL W-W
COALspot.com - Newcastle port in Australia has loaded 2,691,731 MT of thermal and coking coal for week ended 0700 hours 19 November 2012, Newc ...
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- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- MS Steel International - UAE
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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