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Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
 Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, slid the most in 11 weeks on speculation global prices were too high.
Export prices at the port fell $2.90, or 4.5 percent, to an average of $61.15 a metric ton in the four days to Sept. 4, according to McCloskey Group Ltd. That was the biggest weekly slide since the week ended June 19 and the lowest price in two months. No prices were collected on Aug. 31, a national holiday in the U.K. Delivered prices to northwest Europe dropped 6.3 percent, McCloskey data show.
“People would argue that prices were too high, considering where demand was against supply,” John Howland, an analyst at Petersfield, England-based McCloskey, said today by telephone. Markets around the world have “softened,” he said.
Demand for coal weakened as the worsening world economy spurred companies to cut output, reducing the need for power. The 16-nation euro-zone economy contracted in each of the three quarters through June from a year earlier. The 27-country European Union, which burns coal for about 30 percent of its energy, usually gets more of the fuel from South Africa than any other source. U.K. generators’ coal stockpiles rose to a second straight monthly record in June, government statistics show.
Indian Customers
Richards Bay exported 5.59 million tons of coal in August, 5.9 percent more than a year earlier, the terminal said in an e- mailed response to questions on Sept. 3. Indian customers have bolstered demand. The country faces a coal shortage while planning to almost double power-generation capacity in the five years to March 2012.
At its current shipment rate, Richards Bay will export 58.5 million tons of coal in 2009, compared with capacity of 76 million tons and shipments of 61.79 million tons last year. The terminal, on South Africa’s northeastern coast, is owned by the country’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc.
South Africa may export less than 65 million tons of coal this year, Dirk Fourie, Wood Mackenzie’s vice president of consulting for Africa, told the Coaltrans conference in Johannesburg today. National exports may rise to 100 million tons a year by 2020, Xavier Prevost, an independent coal analyst at XMP Consulting, said today in a speech in Johannesburg.
Indonesia, the biggest exporter of power coal in 2007, may produce 240 million tons this year, and output may increase by 20 million to 30 million tons annually, Purnomo Yusgiantoro, the country’s energy and mineral resources minister, told reporters in New Delhi today. About 60 percent of Indonesia’s coal production may be exported, the minister said.
Power station coal prices at the Australian port of Newcastle, a benchmark for Asia, fell 5.8 percent to $66.30 a ton in the week to Sept. 4, according to the globalCOAL NEWC Index. While Richards Bay is the world’s biggest coal-export terminal, Newcastle ships more of the fuel from two terminals.
Source: Bloomberg
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Tuesday, 14 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 11%; SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 11 ...
Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats ...
Monday, 13 July 09
NAPOCOR AWARDS 195,000 T COAL TO INDONESIAN FIRMS
ABC-CBN News reported that, Philippine electricity producer National Power Corp (Napocor) has awarded 195,000 tons in coal supply contracts to two I ...
Monday, 13 July 09
PAKISTAN TO IMPORT ABOUT 2.4 MILLION TONS OF INDONESIAN COAL AND 1.6 MILLION TON OF SOUTH AFRICAN COAL WITHIN NEXT 12 MONTHS
COALspot.com (Pakistan) : Pakistan has exported well over 12 million tons of cement while local sales have dropped a bit with the result 33 million to ...
Monday, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coa ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- The University of Queensland
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
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