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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 $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Monday, 17 August 09
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...
Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...
Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...
Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...
Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying po ...
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- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Petron Corporation, Philippines
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- The University of Queensland
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Planning Commission, India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Deloitte Consulting - India
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
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