We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
 Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, rose for a second week on Indian buying and as rising domestic need potentially curbed supply.
Export prices at the port gained 60 cents, or 1 percent, to an average of $61.40 a metric ton in the week ended Oct. 2, according to McCloskey Group Ltd. They are 54 percent down for the past 12 months on weaker European power demand as companies cut jobs and output because of a recession. Demand may revive after Germany and France returned to growth. Europe gets more coal from South Africa than any other single source.
“Indians are still willing to buy,” Manqoba Madinane, an analyst at Standard Bank Group Ltd. in Johannesburg, said by phone. “There is also a sense of increased demand within the country, so I would suggest there’s probably less to export.”
South Africa’s electricity demand has returned to a level last seen before the recession, Business Report said today, citing Andrew Etzinger, spokesman for Eskom Holdings Ltd., the state-owned power utility. India, facing a coal shortfall, may increase imports to 60 million tons in the year ending March compared with 57 million tons a year earlier, N.C. Jha, a director at Coal India Ltd., told reporters in New Delhi today.
RBS Global Banking & Markets raised forecasts last week for thermal coal to generate power and coking coal to make steel, citing higher-than-expected production costs.
Thermal Coal
Thermal coal will sell for $75 a ton in the year ending March 31, 2011, up from a previous $70 estimate, Warren Edney, an analyst in Sydney, wrote in a report dated Oct. 1. Coking coal will sell at $150 in the period, 15 percent more than the earlier forecast, he said.
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. At its current shipment rate, it 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 is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc.
Power-station coal prices at the Australian port of Newcastle, a benchmark for Asia, rose 0.2 percent to $69.85 a ton in the week to Oct. 2, 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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
Thursday, 22 October 09
2ND UNITED INDONESIA CABINET UNVEILED
The Jakarta Post reported that, President Susilo Bambang Yudhoyono announced his second United Indonesia Cabinet on Wednesday night, comprising 34 m ...
Thursday, 22 October 09
PEABODY SET TO TAP ASIAN DEMAND FOR COAL
The Australian reported that, US coal giant Peabody Energy plans to double its Queensland and NSW coal exports in the next five years, as it looks t ...
Wednesday, 21 October 09
INDONESIA POWER FIRM SEEKS TO DEFER COAL SUPPLIES
Reuters reported that, Indonesia's state power firm is negotiating with two coal producers, including a unit of PT Bumi Resources Tbk, to defer a c ...
Wednesday, 21 October 09
MINING REGULATION GENERATES CONFUSION IN INDONESIA
The Jakarta Globe reported that, Mining industry representatives said on Friday they were confused by a recently issued regulation restricting the w ...
|
|
|
Showing 6316 to 6320 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- PNOC Exploration Corporation - Philippines
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
|
| |
| |
|
