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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 $80 a tonne.
Source: Reuters
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Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee ...
Saturday, 19 December 09
THE FUTURES FOR 2010 - 2012 FIRMED UP COMPARED TO LAST WEEK AND WAS AT AROUND CAPE US$ 28,000 PER DAY - VISTAAR
COALspot.com (Singapore): The freight market continued to soften this week with major drop in the cape size index by almost 21 pct and Panamax , Sup ...
Friday, 18 December 09
CARGOTEC WINS IBJ'S BEST SHIP LOADING / UNLOADING SYSTEM AWARD WITH SIWERTELL
Cargotec’s Siwertell ship unloader has recently won International Bulk Journal’s best ship loading/unloading system award for 2009; out ...
Friday, 18 December 09
THERMAL COAL PROJECT MOVES AHEAD
A proposal for Australia's largest thermal coal project in Queensland's central west has taken a step forward.
Hancock Prospecting is proposing ...
Friday, 18 December 09
CHURCHILL MINING COMPLETES FEASIBILITY STUDY FOR EAST KUTAI COAL PROJECT
Churchill Mining Plc has announced the completion of the feasibility study for its flagship project, the 75% held East Kutai coal project in Indones ...
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- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
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- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
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- Siam City Cement PLC, Thailand
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- Interocean Group of Companies - India
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- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
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- Medco Energi Mining Internasional
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- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
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- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- The University of Queensland
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- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
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- Jaiprakash Power Ventures ltd
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- Ministry of Mines - Canada
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
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- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
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- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
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- Sindya Power Generating Company Private Ltd
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- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
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- Heidelberg Cement - Germany
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- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
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- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Electricity Authority, New Zealand
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- Posco Energy - South Korea
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
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- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Thai Mozambique Logistica
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
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- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
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- Wood Mackenzie - Singapore
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- White Energy Company Limited
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- Formosa Plastics Group - Taiwan
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- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
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- Petron Corporation, Philippines
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- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
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- Tata Chemicals Ltd - India
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- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
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