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Tuesday, 07 July 09
POWER - STATION COAL MAY RISE ON CHINA DEMAND, SUPPLIES, UBS SAYS
Power-station coal prices in Asia may increase in 2010 because of higher demand from China, the second-largest energy-consuming nation, and supply constraints, UBS AG said.
UBS has raised its 2010 forecast for the benchmark coal grade burned by Japanese utilities to $90 a metric ton from $80 a ton in 2010, analysts from the bank wrote in a report dated yesterday. Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, climbed 6.5 percent to $73.13 a ton in the week ended July 3, according to the globalCOAL NEWC Index.
Bottlenecks at Australian ports, heavy rain in Indonesia and increased imports by China constrained supplies of the fuel to Asian customers in 2007 and drove up prices. Market conditions are expected to tighten starting in the fourth quarter of this year and peak in 2011, UBS said.
“We are once again experiencing an increasingly tighter coal market with a theme developing similar to 2007,” UBS analysts led by Jakarta-based Andreas Bokkenheuser said in the note. China, the biggest producer and consumer of coal, burns the fuel to generate about 80 percent of its electricity.
Power use is increasing in China, as light industries step up production, after heavy industrial growth recovered in June, the UBS analysts said. Australian and Indonesian supply growth remains low and mining shutdowns in China’s Shanxi province have added to regional supply constraints, UBS said.
Price estimates for 2011 to 2013 have been reduced to factor in a possible supply response as coal producers address shortages, the analysts said.
Source: Bloomberg
(http://www.bloomberg.com/apps/news?pid=20601081&sid=aYezGDx3lDu4)
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Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring ...
Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...
Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...
Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...
Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...
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- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Xindia Steels Limited - India
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Bhatia International Limited - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
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