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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 quarter.
The Rotterdam quotation (spot) for steam coal declined from 112 euro / TCE in 2008 to 56 euro / TCE and halved. There with the difference between the German production costs and the world market prices totalled to around 100-120 / TCE again.
Also the prices for CO2 certificates halved in comparison to 2008 and amounted on average at about 14 euro / ton CO2. The market for CO2 certificates is very liquid and the expected weak economic development for the years 2009 and 2010 might cause to a sufficient supply.
The international freight rates sank heavily in the comparable time span, too. The freight rates (capesize spot, route Richards Bay - ARA) decreased from US$ 47 / ton in 2Q 2008 to averaged US$ 14 / ton in 2Q 2009.
In quarterly comparison the German hard coal imports were downward by 16% (2Q 2008 / 2Q 2009).
Coke imports were stable whereas coking coal imports decreased by 37% and steam coal imports by 13%. Altogether 8.3 million ton of hard coal were imported in 2Q 2009. The biggest quantities delivered came from Colombia, Russia and South Africa.
As hard coal at first is an industrial energy, the supply suffered in particular from the general weak industrial demand for electricity and from the steel crisis - Reported by Verein der Kohlenimporteure e.V.
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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 ...
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 ...
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- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- White Energy Company Limited
- Tamil Nadu electricity Board
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Indonesian Coal Mining Association
- The University of Queensland
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Planning Commission, India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
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