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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, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier.
Export ...
Tuesday, 07 July 09
Q+A - INDONESIA MINING SECTOR FACES ELECTION RISKS - REUTERS
Indonesia has struggled to lure foreign investment to its mining sector in recent years, and the nationalist line on resource exploitation taken by ...
Tuesday, 07 July 09
INDIKA ENERGY COMPLETES THE ACQUISITION OF PETROSEA
TAMBANG reported that, PT Indika Energy, Tbk has officially announced that it has completed the acquisition of PT Petrosea, Tbk. from Clough Interna ...
Tuesday, 07 July 09
RUSSIAN AUDITORS ATTACK COAL EXPORTERS OVER PRICING
Russia's budget is losing substantial revenues because the country's exporters ship coal overseas at artificially low prices through various offsh ...
Tuesday, 07 July 09
RBCT COAL EXPORTS TO REMAIN BELOW CAPACITY IN 2009
Coal volumes railed to South Africa’s Richards Bay Coal Terminal are continuing to fall far short of the corridor’s nameplate yearly cap ...
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- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Siam City Cement - Thailand
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- London Commodity Brokers - England
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
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