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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 $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Sunday, 22 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 25,000/26,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR ANALYSIS
COALspot.com (Singapore): Analyised by Capt. Radhakrishnan Reddy, Managing Director of Vistaar Shipping Services, Singapore.
BDI hits a new high ...
Friday, 20 November 09
INDONESIA UNITED TRACTORS PLANS $430 MLN CAPEX IN 2010
Reuters reported that, Indonesian heavy equipment distributor and mining contractor PT United Tractors Tbk plans capital expenditure of $430 million ...
Friday, 20 November 09
DRY BULK SHIP OWNERS HOPE RALLY WILL LAST
Boon times are still on the daily agenda of every dry bulk ship owner these days after one of the toughest year in the industry’s century-old ...
Friday, 20 November 09
NTPC LOOKING FOR LONG TERM CONTRACTS FOR COAL IMPORT
Business Standard of India reported that, State run power firm NTPC today said it is looking for long-term supply of coal from overseas market to me ...
Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for ...
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- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
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