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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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Thursday, 04 February 10
RI TO GRADUALLY STOP COAL EXPORTS
Indonesia, which over the past few years has become the world`s third largest coal exporter after Australia and China, is planning to gradually stop ...
Thursday, 04 February 10
NO AMDAL, NO COAL MINING IN KALIMANTAN: MINISTRY
To prevent further environmental damage, the government has said it would revoke the licenses of mining firms operating in Kalimantan that do not ha ...
Thursday, 04 February 10
ANTICIPATING DOMESTIC COAL DEMAND
Indonesia has an abundant amount of coal reserves, which in 2008 is estimated at 7,12 billion tones. Coal production in 2008 reached 231,18 mi ...
Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in s ...
Wednesday, 03 February 10
NEWCASTLE COAL EXPORTS RISE 3%; SHIP QUEUE SHORTENS
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, increased 3 percent last week while the ...
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- Chettinad Cement Corporation Ltd - India
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- IHS Mccloskey Coal Group - USA
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- MS Steel International - UAE
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- Indian Oil Corporation Limited
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- CNBM International Corporation - China
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- Ministry of Transport, Egypt
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- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
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- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Australian Coal Association
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
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- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
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- Directorate General of MIneral and Coal - Indonesia
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- Ministry of Finance - Indonesia
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- White Energy Company Limited
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Romanian Commodities Exchange
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- Wilmar Investment Holdings
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- Maheswari Brothers Coal Limited - India
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- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
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- Coal and Oil Company - UAE
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- Eastern Energy - Thailand
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- Latin American Coal - Colombia
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- New Zealand Coal & Carbon
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- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
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- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- The University of Queensland
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- Therma Luzon, Inc, Philippines
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- Energy Development Corp, Philippines
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- Goldman Sachs - Singapore
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- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Meralco Power Generation, Philippines
- Planning Commission, India
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- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
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- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
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- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
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- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
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- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
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