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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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Friday, 16 November 12
HANDY : IRON ORE WAS QUIET AND RATES FROM INDIA TO CHINA AROUND USD 5500
Handy
The Atlantic was weak with more supply of ships. Rates from Continent/ Feast at USD 9000 and from USG/China at USD 15k. The Pacific market re ...
Wednesday, 14 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 11.14 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,100,686 MT of thermal and coking coal for week ended – 0700 hours 12 November 2012, Ne ...
Tuesday, 13 November 12
INITIAL COAL PRODUCTION AT KATINGAN RIA ON TRACK FOR 2013 FOLLOWING GRANTING OF 'IN PRINCIPLE' FORESTRY PERMIT, INDONESIA
Realm Resources Ltd (“Realm” or the “Company” - ASX: RRP) has announced that its application to upgrade its exploration fore ...
Tuesday, 13 November 12
BULK PORTS & TECHNOLOGY ASIA 2013
Press Release - TOC Events are pleased to announce a new addition to our global portfolio with the launch of the inaugural Bulk Ports & Technolo ...
Monday, 12 November 12
THE ESTABLISHMENT OF NORTH KALIMANTAN AS A NEW PROVINCE WILL NOT AFFECT THE LOCAL MINING COMPANIES
The government of Indonesia has ensured that the establishment of North Kalimantan as a new province will not affect the local mining companies ...
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- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- White Energy Company Limited
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Planning Commission, India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Aboitiz Power Corporation - Philippines
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Thiess Contractors Indonesia
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
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