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Monday, 17 August 09
COAL IMPORTS SURGE IN H1
China is one of the world's leading coal producers. But even so, imports of coal have surged in the first half of the year, hitting a record in June. CCTV reporter tells us how this is putting pressure on the domestic industry.
At Guangzhou's port, workers are busy unloading imported coal, while many other ships wait in queue.
Guangzhou Port Worker said "The imported coal comes from Indonesia, Vietnam, and Australia. Imports have increased significantly since April, and have broken records since May."
Other major Chinese ports are also seeing surging coal imports. The coal producing province of Shanxi is seeing its effects.
Qu Sen, GM of Coal Department of Tianjin Jun'an Coal & Coke Chemical Co. said "Shanxi province was always exporting coal through Tianjin's port. But this year, the port is supplying coal to Shanxi. "
Industry insiders say surging imports will add pressure to the domestic coal industry.
Jiang Zhimin, Deputy Chairman of China National Coal Association said "Rising imports will squeeze the domestic market. With increasing output in the domestic coal industry, supply will exceed demand. Domestic coal enterprises will face some operational difficulties. They may suffer losses, lay offs or salary cuts. This will affect employment in the whole industry."
Statistics from the Ministry of Industry and Information Technology show coal net imports reached 36.6 million tons in the first half of the year. Net imports in June set a monthly record of 16 million tons.
Source: CCTV
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Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal
State-owned trading firm MMTC Ltd has scrapped its controversi ...
Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...
Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...
Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...
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- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Planning Commission, India
- The University of Queensland
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Australian Coal Association
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- India Bulls Power Limited - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
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