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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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Monday, 27 July 09
MIDDLE EAST COAL TO MOVE ON $1B EAST KALIMANTAN PROJECT
The Jakarta globe reported that, Middle East Coal reiterated on Monday that it would push ahead its $1 billion development program for East Kutai Re ...
Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt ...
Monday, 27 July 09
COKING COAL, IRON-ORE LIKELY TO BENEFIT NON-INTEGRATED STEEL PRODUCERS
Economictimes reported that, The second half of the financial year 2008-09 was one of the toughest periods for steel companies, especially the non-i ...
Monday, 27 July 09
GMR ENERGY BUYS EMCO POWERGEN SUBSIDIARY
DNA India reported that, Thane-based transformer manufacturer Emco Ltd has sold its stake in unlisted power generation subsidiary Emco Energy to Ban ...
Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bha ...
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- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Trasteel International SA, Italy
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Planning Commission, India
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- PTC India Limited - India
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Central Electricity Authority - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
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