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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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- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- The University of Queensland
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- VISA Power Limited - India
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- London Commodity Brokers - England
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Planning Commission, India
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Australian Coal Association
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Malabar Cements Ltd - India
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
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