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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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Wednesday, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply con ...
Wednesday, 25 November 09
RISING FREIGHT RATES HIT COAL IMPORTERS
While state-owned NTPC’s 12.5 million tonne coal import order may have been aimed at plugging the shortage of coal at its thermal power plants ...
Wednesday, 25 November 09
CSN TO BUY RIVERSDALE STAKE TO BOOST COAL SUPPLIES
Cia. Siderurgica Nacional SA plans to buy 16.3 percent of Australian coal-exploration company Riversdale Mining Ltd. for about A$190.5 million ($175 ...
Tuesday, 24 November 09
ICRA DOWNGRADES TNPL`S RATING TO LAA
Credit rating agency, ICRA has revised the long term rating for the Rs 11.25 billion long-term fund-based bank facilities and Rs 1.5 billion non-con ...
Monday, 23 November 09
INDONESIA MINING RULE THREATENS INVESTMENT DRIVE
A new Indonesian mining rule, limiting contract work that can be outsourced and favouring local players, is shaping up as a new blow to plans ...
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- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Planning Commission, India
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- Malabar Cements Ltd - India
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
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