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Wednesday, 14 May 14
COAL PRICES IN CHINA HAVE DROPPED TO THEIR LOWEST LEVELS SINCE END-2008
COALspot.com: Coal prices in China have dropped to their lowest levels since end-2008, Fitch says in its latest rating report on one of the coal mining company in China. Fitch expects coal prices to stabilise as customers start re-stocking and more of the smaller miners in China close, market conditions are not likely to improve meaningfully in the next 12 to 24 months.
Fitch also believes cost control is the only lever coal producers in China still have to weather the weak market conditions over the next two to three years, in the absence of any strong policy support to curb cheaper coal imports.
Fitch also expects China's new price-based resource tax on coal mining - instead of a volume-based tax previously - to exert further pressure on Chinese domestic coal producers.
According to Fitch, the new tax, which is likely to be adopted in the near term, will probably, be around 5% of the selling price. That means the tax burden for coal miners could be roughly five times that under the current volume-based tax, although in practice the impact would be tempered by netting off other taxes against the higher resource tax.
"we expect this could accelerate market consolidation by squeezing out smaller, weaker players, which would benefit larger miners in China in the longer term", Fitch concluded.
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Tuesday, 15 April 14
NEWCASTLE SHIPPED MORE COAL WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 14 April 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensl ...
Monday, 14 April 14
SUB-BIT FOB INDO COAL SWAP FOR Q1' 15 DELIVERY CLOSED AT US$ 60.12 PER MT
COALspot.com: Indonesian coal swaps for average Q4’ 2014 gain on month and on week according to AsiaClear OTC coal swap's reports rele ...
Monday, 14 April 14
INDONESIA'S Q1 COAL PRODUCTION LITTLE CHANGED EVEN WITH PRICE DROP - INVESTOR DAILY
Indonesia’s coal production by volume in the first quarter remained little changed from the same period last year despite the decline in t ...
Monday, 14 April 14
API 8 CFR SOUTH CHINA COAL SWAPS GAIN FOR THE MONTH & WEEK
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries gained 4.61 percent month on month and closed at US$ 76.18 per mt as ...
Monday, 14 April 14
CHINA'S MEASURES TO STIMULATE ECONOMY'S GROWTH COULD OFFER ROOM FOR STABILITY IN SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Since the outbreak of the 2008-crisis, the shipping industry, in most of its aspects, i.e. dry bulk and tanker markets alike, has been dealing w ...
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- India Bulls Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- GMR Energy Limited - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Kapuas Tunggal Persada - Indonesia
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Parry Sugars Refinery, India
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- White Energy Company Limited
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
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