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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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Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy
The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...
Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...
Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected
Colombian coal is starting to move ...
Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additi ...
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- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Planning Commission, India
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
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