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Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 million tons, according to statistics released yesterday by China Customs.
Coal exports, at 11.7 million tons during the same period, decreased by 54.2 percent. Net coal imports reached 36.6 million tons, compared to 3.9 million tons in the same period last year.
China’s raw coal output totaled 1.4 billion tons in the first half of the year, up 8.7 percent year on year, 6.1 percentage points lower than a year ago period, the National Development and Reform Commission disclosed on its website yesterday.
Analysts said the relatively higher domestic coal prices might have been the reason for the increase in coal imports.
Coal companies at the annual coal price negotiation conference wanted to increase term prices this year by 4 percent to pass on their higher tax burden and other rising costs. But power generators hoped to cut prices by 50 yuan ($7.32) per ton, to ensure that they would not sink into the red this year.
The tussle between the coal miners and power generators would push some of the enterprises to seek overseas coal, analysts said.
Early this month, some enterprises in Guangdong province, including Guangdong Yuedian Group, signed contracts for coal supply with the Vietnam Coal Corp (VINACOL).
The contracts involved 7 million tons coal supply from VINACOL, including about 3 million tons to Yuedian.
Zhai Ruoyu, general manager of China Datang Corp, previously said Datang was considering purchasing coal from overseas markets, such as Vietnam, Indonesia and Australia, since the price may still be lower than the domestic rates, even with transportation costs factored in.
Liu Caiying, deputy director of the China Coal Industry Association, said it was possible that the country’s coal supply might still exceed demand.
The NDRC said that coal stockpiles at Qinhuangdao port was 6.5 million tons, and had increased by 650,000 tons year-on-year; and coal storage at major power plants was 33.1 million tons, a 11.3-million ton rise year-on-year.
Liu said, based on the current economic situation, major coal producing regions like Shanxi and Henan province, should still put a cap on production.
Source: China Trade Information
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Wednesday, 22 July 09
TAIPOWER RECEIVES 37 OFFERS IN TENDERS
State utility Taiwan Power has received offers for 37 panamax cargoes of bituminous and sub-bituminous coal in two tenders involving 12 panamax ship ...
Wednesday, 22 July 09
PRIME MINISTER APPROVAL SOUGHT TO HIKE COAL PRICES IN INDIA
PTI reported that decrying the low prices of the industrial fuel, the coal ministry will approach Dr Manmohan Singh PM of India next month for raisi ...
Tuesday, 21 July 09
BHATIA SAYS GETS ORDER FOR 800,000T COAL FROM KPCL
Reuters reported that, Indian traders Bhatia received on Tuesday a purchase order for 800,000 tonnes thermal coal at $63.00 C&F from Karnataka P ...
Tuesday, 21 July 09
NZ'S PIKE RIVER SAYS SELLS COAL AT $128 PER TONNE
Reuters reported that, New Zealand miner Pike River Coal said on Tuesday it had sold its premium hard coking coal at $128 a tonne for the curr ...
Tuesday, 21 July 09
NEWCASTLE COAL EXPORTS FALL 5%, SHIP QUEUE INCREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 5 per ...
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- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
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- PTC India Limited - India
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- The University of Queensland
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
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