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Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
* Imports of heating coal in July up 3.7 percent on year
* LNG imports in July fall for seventh straight month
Alibaba reorted that, South Korea's imports of heating coal in July rose 3.7 percent from a year earlier, customs data showed on Monday.
South Korea imported 8.97 million tonnes of coal in July, up from 8.65 million tonnes a year earlier, the Korea Customs Service said.
However, the country imported a total of 50.34 million tonnes in the first seven months of this year, down 5 percent from the same period last year, the data showed.
While the country's coal imports for July rose from a year earlier, imports of liquefied natural gas (LNG) in July fell for the seventh consecutive month from a year ago due to high stocks and low demand from local utilities, customs data also showed on Monday.
LNG accounts for about 15 percent of power generation in South Korea.
South Korea paid an average of $89.38 per tonne for coal in July, up from $82.64 a month earlier but much lower than $121.54 a year earlier.
Australia shipped the largest volume of coal at 3.83 million tonnes versus 3.44 million tonnes a year ago. Indonesia ranked second, shipping 2.91 million tonnes against 2.61 million tonnes a year ago.
In monetary terms, Australia was also the top exporter of coal, shipping $369.82 million in July, and Indonesia was at $195.81 million.
Source: Alibaba
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Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS
Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core bus ...
Monday, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fue ...
Monday, 17 August 09
COAL INDIA PLANS A PRICE HIKE OF 11%
With the state-run CIL mining 84% of the coal produced in the country, an 11% increase will push up inflation by around 0.16%, the company said
L ...
Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010
Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to abo ...
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 Jun ...
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- Bhoruka Overseas - Indonesia
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