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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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Friday, 18 September 09
AUSTRALIA NEWCASTLE COAL PORT: SEEKS INTERIM QUOTA SYSTEM
Reuters reported that, Australia's Newcastle coal terminal wants to re-introduce an interim export quota system after a group of miners led by BHP ...
Friday, 18 September 09
STANCHART TO ADVISE BAYAN ON INDONESIA COAL FINANCING
Indonesian coal miner PT Bayan Resources Tbk said on Wednesday it has appointed Standard Chartered Bank as a financial adviser for raising at least ...
Friday, 18 September 09
COKING COAL SUPPLY TO FALL 3 MILLION TONS IN CHINA ON SHUTDOWN
Bloomberg reported that, Coking coal supply in China, the largest consumer, may fall by 3 million metric tons a month after a mine accident this mon ...
Thursday, 17 September 09
FOUR LEFT IN INDIA'S MMTC COAL IMPORT TENDER-SOURCE
Reuters reported that, India's MMTC Ltd has accepted four out of five submissions for an import tender for 12.5 million tonnes of coal, with a bid ...
Thursday, 17 September 09
INDIA SEEKS COAL
IBT commodities reported that, India is on a coal buying spree. The big Asian nation is scrambling to cover an expected shortfall in domestic supply ...
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- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- McConnell Dowell - Australia
- The University of Queensland
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
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