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Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 million mt, up 220 percent year on year. On the other hand, from January to October inclusive, China's total coal imports reached 96.83 million mt.
Thus, the country's coal imports in 2009 look certain to break the 100 million mt barrier; it is estimated that the import volume for the year will reach 109.08 million mt, marking an increase of around 170 percent year on year. Meanwhile, some analysts have commented that, since the coal prices in the international market are likely to grow faster than prices in the domestic market, China's coal imports will show a reduction next year.
From the fourth quarter of 2008, world energy demand slumped significantly due to the economic recession, with international coal prices falling down from high levels. By the end of March 19 this year, the spot price of Australian BJ steam coal had dropped to $61.5/mt from the peak level of $190.95/mt on July 3, 2008.
With the Chinese coal prices consistently higher than the international levels, China's coal imports have soared dramatically in 2009, while the export volume has indicated a rapid decline.
According to the latest figures from the National Bureau of Statistics, China's raw coal production amounted to 2.42 billion mt in the January-October period, up 11.4 percent compared with the same period last year. If no great changes are seen in the last two months of this year, overall domestic coal production will reach 2.9 billion mt for the whole year.
Taking the net import volume into consideration, apparent coal consumption in China is expected to approach 3 billion mt in 2009.
Source: SteelOrbis / Alibaba
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Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per ...
Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese co ...
Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% ...
Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
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- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
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- Jorong Barutama Greston.PT - Indonesia
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- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
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- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
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- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Petron Corporation, Philippines
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Planning Commission, India
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