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Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES
 VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same period last year.
Coal for both domestic consumption and export earned Vinacomin more than VND20 trillion.
Buyers were primarily China, Japan, Thailand, India, Malaysia, South Korea and Europe, said Tran Xuan Hoa, general director of the Viet Nam National Coal and Mineral Industries Group (Vinacomin).
Local consumption was 10.98 million tonnes, also equal to the same period last year.
Coal for both domestic consumption and export earned Vinacomin more than VND20 trillion (US$1.1 billion), of which VND12 trillion ($667 million) was from exports, Hoa said.
Vinacomin plans to export 3 million tonnes of coal this year. Despite its estimated 42 billion tonnes of coal reserves, the company is struggling to cater for steeply rising domestic energy demand of 17-20 per cent a year and plans to lower its export target.
Coal for China
Vinacomin was expected to export 10.5 million tonnes of coal to China for the second half of this year and the first quarter of next year, said Pham Minh Chau, head of Vinacomin's export department.
The coal utility would sell 2.5 million tonnes of fine anthracite coal to China through the Van Gia transhipment area in the northeastern province of Quang Ninh by directly signing contracts with Chinese companies. Coal could be exchanged for goods under these contracts, he said.
More than 336,000 tonnes of coal was sold through the Van Gia transhipment area from mid-May to mid-July at a price of $38 per tonne, representing 93.92 per cent of the volume signed with Chinese companies.
Of the figure, Hon Gai fine anthracite coal 11C accounted for 160,000 tonnes, the official added.
The Hon Gai fine anthracite coal 11A sold under contracts signed between the two governments was sold for $46 per tonne last June, Chau said.
Direct coal trading between Vietnamese and Chinese companies resumed last March after it was banned in May 2007 due to rampant coal smuggling in Quang Ninh.
Within a day in May 2007, 104 ships were seized in Van Gia for illegal coal transport because domestic prices were lower than international ones.
Chinese buyers were small companies in Guangxi province's Dongxing, the only port linking China and Viet Nam by both land and water, Chau said.
Now demand for coal is not as high as in early 2008 due to the global economic crisis, Chau said.
China, the world's largest coal producer and consumer, is expected to be a net coal importer for the first time in 20 years, as low prices in the international market and sluggish demand discourage exporters, according to analysts.
Several analysts have forecast that Chinese domestic coal prices, now hovering around $89 a tonne, could rise in the coming months on the back of summer demand and economic growth. China's power output rose on the year in June for the first time since last October, thanks to a pick-up in the economy and rising temperatures.
Supply has also been improving, as some of China's small coal mines are slowly returning to production, months after being shut down for strict safety inspections ordered by the central government.
Source: VietNamNet Bridge
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Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...
Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company see ...
Saturday, 03 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The BDI firmed up this week by almost 8 pct to 2,357 points , the main reason being jump in Cape size index by almost 22 p ...
Friday, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010
Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent ...
Thursday, 01 October 09
MJUNCTION LAUNCHES INDIA'S FIRST COAL SPOT PRICE INDEX
• Named 'MJcomposite, MJsteel, MJcement, MJpower' the value weighted index will benefit Indian coal buyers by minimising risk against pr ...
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- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Parliament of New Zealand
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
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