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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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Sunday, 21 June 09
CHINESE MINERS SEAL THERMAL COAL DEALS WITH JAPAN AND KOREA
As the confrontation between China's power and coal enterprises become more and more serious, coal enterprises which had supposedly been in the sho ...
Sunday, 21 June 09
MERCATOR TO BUY 3 BULK VESSELS
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panamax b ...
Sunday, 21 June 09
COAL SCARCITY HITS BIHAR POWER PLANTS
The Rs 60,000 crore 12,500mw power projects cleared by the State Investment Planning Board (SIPB) which could change the face of Bihar if commission ...
Sunday, 21 June 09
NLC CHALKS OUT RS 40K CR INVESTMENT
Public sector mini rathna, Neyveli Lignite Corporation is in rapid expansion mode and has chalked out Rs 40,000 crore investment both in
the mining ...
Sunday, 21 June 09
TRANSPORT PROBLEMS HOLD BACK RUSSIAN COAL EXPORTS
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia's leading coal producers to increase exports quickly to ...
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