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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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Monday, 19 November 12
GOVT PREPARES TO FACE ANOTHER SUIT ON MINING LAW - THE JAKARTA POST
The government is gearing up to face a complaint on the 2009 Mining Law prepared by the same organization that previously brought down upstream oil ...
Sunday, 18 November 12
INDONESIAN SUB BITUMINOUS COAL SWAPS FOR JANUARY 2013 DELIVERY GAINS 1.29 PERCENT WOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for January 2013 delivery gains 1.29 percent WoW and 0.25 percent DoD on Friday, 16 Novembe ...
Saturday, 17 November 12
THE SUPRAMAX FREIGHT RATES FROM INDONESIA TO INDIA ARE EXPECTED TO BE UP NEXT WEEK - VISTAAR
COALspot.com - This week market sentiments ended positive with all the segments ending higher except for handy size which was almost at same levels ...
Saturday, 17 November 12
RECORD DEMOLITION ACTIVITY SEEKS TO CURB TONNAGE OVERSUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
This year will prove to be another record-breaker in terms of scrapping of older vessels across all shipping segments, as the equally feverish pace ...
Friday, 16 November 12
SHIP OWNERS KEEP ON INVESTING IN SECOND HAND VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Priced attractively, modern and with prompt delivery dates, second hand vessels are proving to be rather popular among cash-rich ship owners these d ...
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- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Australian Coal Association
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Economic Council, Georgia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Singapore Mercantile Exchange
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Planning Commission, India
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- GVK Power & Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
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