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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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Monday, 10 August 09
POLICY HURDLES DELAY NALCO'S U$$ 4.166 BILLION OVERSEAS PROJECTS
National Aluminium Company Ltd's (NALCO) greenfield projects in overseas markets like Indonesia and Iran are in limbo because of political
...
Monday, 10 August 09
SAIL, TATA STEEL TO REDUCE COAL IMPORTS BY PARADIP PORT
World Shipping News reported that, Steel Authority of India Ltd (SAIL) and Tata Steel have scaled down coal imports through Paradip Port, hit by pre ...
Monday, 10 August 09
NTPC LIKELY TO SET UP POWER PLANTS IN NIGERIA AND SRILANKA
Economic time reported that, National Thermal Power Corporation Limited (NTPC), country's largest power utility, is likely to set up power plants i ...
Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to do ...
Sunday, 09 August 09
TNEB ENNORE PORT CALLS TO TRIPLE COAL OUTPUT
World Shipping News reported that, the Tamil Nadu Electricity Board (TNEB) has asked Ennore Port Ltd (EPL) to increase the port’s installed ca ...
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- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Bayan Resources Tbk. - Indonesia
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Australian Coal Association
- New Zealand Coal & Carbon
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Sical Logistics Limited - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
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