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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 tonne in 2010 from around $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
Thursday, 04 March 10
THE INDIAN MARKET WAS STILL STRONG - FEARNRESEARCH
HANDY
Activity has gradually improved in the Atlantic throughout the week. All areas&n ...
Thursday, 04 March 10
GLOBAL COAL PRICES GETS SUPPORT FROM EM DEMAND
Commodity Online reported that, AP12 coal prices look well supported in 2010 thanks to positive outlook for Chinese coal demand whereas coal demand ...
Thursday, 04 March 10
THREE NEW GLOBAL PRICES INDEXES FOR COKING COAL
Commodity Online reported that, On February 26, Energy Publishing Co. broke new ground in the coal-marketing industry when it began publishing three ...
Tuesday, 02 March 10
INDIA WAS AGAIN THE WINNER IN THE EAST, WITH SUPRAMAXES FIXING CLOSE TO US$40,000/DAY FROM THE WEST COAST
There was little movement in the BDI this week but behind the scenes, the Supramax and Handy size segments posted significant gains, correcting the ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Economic Council, Georgia
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Australian Coal Association
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
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