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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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Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...
Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...
Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
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- Cigading International Bulk Terminal - Indonesia
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- TeaM Sual Corporation - Philippines
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- White Energy Company Limited
- Romanian Commodities Exchange
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- PTC India Limited - India
- Australian Coal Association
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Indogreen Group - Indonesia
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- Parliament of New Zealand
- Cement Manufacturers Association - India
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- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
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- Globalindo Alam Lestari - Indonesia
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- Energy Development Corp, Philippines
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- Semirara Mining Corp, Philippines
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- Vedanta Resources Plc - India
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- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
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- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
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- Mercuria Energy - Indonesia
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- Mjunction Services Limited - India
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- Petron Corporation, Philippines
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- Tamil Nadu electricity Board
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- CNBM International Corporation - China
- Goldman Sachs - Singapore
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- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
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- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
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- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
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- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
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- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
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- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
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- Planning Commission, India
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- Sakthi Sugars Limited - India
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- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
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- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
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- Bhushan Steel Limited - India
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- Thai Mozambique Logistica
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
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- Sical Logistics Limited - India
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- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
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- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
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- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
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- Essar Steel Hazira Ltd - India
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- VISA Power Limited - India
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
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