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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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Thursday, 13 August 09
RIO PREPARES COAL IPO AFTER FAILING TO FIND BUYER
Bloomberg reported that, Rio Tinto Group, the world’s third- largest mining company, is preparing an initial public offering for its U.S. ...
Thursday, 13 August 09
NOBLE'S PROFIT DOUBLES ON GLOUCESTER COAL ACQUISITION
Bloomberg reported that, Noble Group Ltd., a Hong Kong-based supplier of raw materials from soybeans to coal, said second- quarter profit more than ...
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 t ...
Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, ...
Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has s ...
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- Chamber of Mines of South Africa
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Planning Commission, India
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- White Energy Company Limited
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
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