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Thursday, 03 December 09
JAPAN 2010 COAL IMPORTS SEEN FLAT, INDIA'S ROBUST - INDUSTRY
 * Japan's demand seen steady in 2010 at 110 mln tonnes
* India's demand seen as robust, at 70 mln tonnes
Reuters reported that, Thermal coal imports by Japan, the world's largest steam coal buyer, may be flat in 2010 on doubts over a recovery while India's imports are expected to be robust, buyers and analysts said on Thursday.
Masaru Igawa, senior manager, business development group at J-Power, said Japan's thermal coal imports in 2010 would be unchanged from this year's figure, at about 110 million tonnes, compared with about 124 million tonnes in 2008.
"We expect coal imports will be the same (as this year) because there are some factors like economy recovery," Igawa said on the sidelines of McCloskey Asia Pacific Coal Outlook Conference in Bali.
Japanese electricity wholesaler J-Power or Electric Power Development Co is Japan's biggest coal user.
The Australian Bureau for Agriculture and Resource Economics (ABARE) in its September forecast said that Japan's thermal coal imports were estimated to fall 10 percent in 2009 to 115 million tonnes, and to see little growth next year because of the subdued economic environment and possible higher use of nuclear power.
Environmental issues are another factor that may affect Japan's coal imports next year, Igawa said.
Japan's prime minister, Yukio Hatoyama, has pledged to target a 25 percent cut in greenhouse gas emissions from 1990 levels by 2020, despite opposition from industry, which says the goal will hurt the economy.
India's demand also will remain robust next year, with one major buyer forecasting that the country will import about 70 million tonnes of coal in 2010.
"India's coal import volumes have grown as large as China's and are exhibiting higher growth. Lack of infrastructure support this trend," Andreas Bokkenheuser, mining and commodities analyst at UBS, said in a research note.
ABARE has forecast India may import 42 million tonnes of coal this year. Demand from India and China helped spot prices for Australian thermal coal to recover from a near two-year low of $58.25 a tonne in late March to around $80 a tonne.
Source: Reuters
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Friday, 16 April 10
KRISHNAPATNAM PORT IS IRONING ITS WAY INTO RECORD BOOKS
COALspot.com: Krishnapatnam Port achieved a new benchmark by loading 60,021 MT of Iron Ore fines in just 24 hrs surpassing its previous record of 54 ...
Friday, 16 April 10
RBCT COAL DISPUTE RESOLVED - MININGMX
Miningmx reported that, the long-simmering spat over the coal allocation for producers who will use the expanded facilities at Richards Bay Coal Ter ...
Friday, 16 April 10
COAL INDIA SELECTS MERCHANT BANKERS TO ACQUIRE OVERSEAS ASSETS -THE HINDU
An investment of about $1.8 billion is expected to be made in these deals
The Hindu reported that, Bank of America-Merill Lynch, Royal Bank of Sc ...
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ...
Thursday, 15 April 10
RICHARDS BAY ROUNDS BACK TO INDIA SUPRAS WERE FIXED AT MID 20'S
Handy
The BSI remains in a positive momentum and the Atlantic remains unchanged from last week. Fronthaul grain is active which is keeping ballast ...
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- GMR Energy Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
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- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Australian Coal Association
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- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
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- TeaM Sual Corporation - Philippines
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- Goldman Sachs - Singapore
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- Indian Energy Exchange, India
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- CNBM International Corporation - China
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- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
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- Australian Commodity Traders Exchange
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- Economic Council, Georgia
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- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
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- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
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- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
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- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
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- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Gujarat Mineral Development Corp Ltd - India
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- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
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- Kumho Petrochemical, South Korea
- GVK Power & Infra Limited - India
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- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
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- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
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- Minerals Council of Australia
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Eastern Energy - Thailand
- The University of Queensland
- Karaikal Port Pvt Ltd - India
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- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- MS Steel International - UAE
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
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