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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, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in Karachi port, coal carrying vessels were sufferi ...
Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH - THE JAKARTA POST
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week ...
Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd.
In the ...
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- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SN Aboitiz Power Inc, Philippines
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- Planning Commission, India
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- Anglo American - United Kingdom
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- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- MS Steel International - UAE
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
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- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
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- IEA Clean Coal Centre - UK
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- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
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- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
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- Economic Council, Georgia
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- OPG Power Generation Pvt Ltd - India
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- Ministry of Mines - Canada
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- VISA Power Limited - India
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- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
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- New Zealand Coal & Carbon
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- Indian Oil Corporation Limited
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- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Larsen & Toubro Limited - India
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- Edison Trading Spa - Italy
- Marubeni Corporation - India
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- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
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- Globalindo Alam Lestari - Indonesia
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- Africa Commodities Group - South Africa
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- Medco Energi Mining Internasional
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- Baramulti Group, Indonesia
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- Salva Resources Pvt Ltd - India
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- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
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- Georgia Ports Authority, United States
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- Antam Resourcindo - Indonesia
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- Straits Asia Resources Limited - Singapore
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- TeaM Sual Corporation - Philippines
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- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
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- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
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- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Bhatia International Limited - India
- The University of Queensland
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- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
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- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
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- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
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- Global Business Power Corporation, Philippines
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- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
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