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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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Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...
Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...
Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...
Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...
Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...
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- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
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- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
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- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Independent Power Producers Association of India
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- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
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- Global Coal Blending Company Limited - Australia
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- Energy Development Corp, Philippines
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- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
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- Sakthi Sugars Limited - India
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
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- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Central Java Power - Indonesia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
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