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Thursday, 13 August 09
CHINA COAL-PRICES UNCHANGED, BUT LIKELY TO MOVE HIGHER
Alibaba reported that, Spot coal prices in China's top coal port Qinhuangdao were unchanged from a week earlier, but are still looking bullish in the short term on rising demand, analysts said on Thursday.
Coal with calorific value of 5,800 kcal/kg (NAR) was quoted in the range of 600 to 610 yuan ($87.8 - $89.2) a tonne. Prices of coal with calorific value of 5,500 kcal/kg were trading at 555 to 570 yuan a tonne, according to the Qinhuangdao Seaborne Coal Market. (www.cqcoal.com)
"In the next month or two, thermal coal prices are likely to rise, because it's hard for supply to catch up with fast-growing demand," said Henry Liu, an analyst with Macquarie.
"In addition, there are still uncertainties around small mines -- some of them are back in production, but how much capacity has returned is unknown."
China's coal output in July surged 14.8 percent on the year to 257.8 million tonnes, the National Bureau of Statistics said.
Coal stockpiles in Qinhuangdao fell 4 percent from a week earlier to 4.9 million tonnes by Wednesday, analysts said.
Source: Alibaba
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Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...
Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...
Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...
Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes
* S.Korea imports zero
* Hong Kong utilites buy S.African coal
South African coal exports to Asia excluding India a ...
Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...
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- Ambuja Cements Ltd - India
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- Bangladesh Power Developement Board
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
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- Energy Development Corp, Philippines
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- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
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- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
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- Medco Energi Mining Internasional
- White Energy Company Limited
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- Indika Energy - Indonesia
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- Mercator Lines Limited - India
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- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
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- Renaissance Capital - South Africa
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- Maheswari Brothers Coal Limited - India
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- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
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- Electricity Generating Authority of Thailand
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- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
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- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
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- Meralco Power Generation, Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Coal and Oil Company - UAE
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- The University of Queensland
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- The Treasury - Australian Government
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