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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
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Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
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- Aditya Birla Group - India
- Planning Commission, India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- The University of Queensland
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Australian Coal Association
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