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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, 16 June 09
INDIAN MINING WORKER ARRESTED IN BENGKULU
Forestry officials in Bengkulu Province, Sumatra, arrested one Indian national and two Indonesians on Sunday for unauthorized exploration in the ele ...
Tuesday, 16 June 09
INDIAN GOVERNMENT MAY ALLOW PRIVATE COMPANIES TO MINE COAL
The government is “strongly considering” to allow commercial coal mining by private companies in a bid to bridge the demand-supply gap, ...
Monday, 15 June 09
SAFRICA'S COAL TERMINAL EXPANSION DELAYED TO Q4
South Africa's Richards Bay Coal Terminal (RBCT) said on Monday the completion of a project to expand the export facility had been delayed to the f ...
Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers fo ...
Monday, 15 June 09
POWER PLANT SUFFERS FROM COAL CRISIS - THE STATESMAN
The 3,000 mw NTPC-Kaniha power plant, the second biggest in the country, is facing an unprecedented coal crisis with stocks dipping to a low of only ...
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- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
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- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Directorate Of Revenue Intelligence - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- White Energy Company Limited
- Australian Coal Association
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Parliament of New Zealand
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
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