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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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Tuesday, 28 July 09
SHENZHEN ENERGY INKS COAL PURCHASE CONTRACT WITH CHINA SHENHUA
China Knowledge reported that, Shenzhen Energy Group Co Ltd has signed a five-year contract with China Shenhua Energy Co Ltd, which is engaged in th ...
Tuesday, 28 July 09
BUKIT ASAM ENJOYS STRONG FIRST HALF
The Jakarta Post reported that, state coal miner PT Tambang Batubara Bukit Asam (PTBA) enjoyed a strong first half performance with six-month net pr ...
Tuesday, 28 July 09
NEWCASTLE LOADED 1.943 MILLION TONS OF COAL IN THE WEEK ENDED 27TH JULY 2009
COALspot.com (Singapore) : The volume exported from Australia’s Newcastle port in the week ended - 07:00 hours 27 July 2009 ...
Monday, 27 July 09
INDIA PAYING HIGHEST PRICE FOR S.AFRICA COAL - PRODUCERS
* Spread between South African and Pacific origin coal very wide
* Lack of European buying makes India indicator of value
Reuters reported that, ...
Monday, 27 July 09
TAIWAN'S FORMOSA EYES S.AFRICAN COAL FOR Q4: TRADE
Reuters reported that, Taiwan's Formosa Plastics Group is looking to buy two South African thermal coal cargoes for delivery in the fourth-quarter, ...
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- Altura Mining Limited, Indonesia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Goldman Sachs - Singapore
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Standard Chartered Bank - UAE
- IHS Mccloskey Coal Group - USA
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Malabar Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
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