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Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight increase on year, according to China Coal Transportation and Distribution Association.
Up till last week, Heilongjiang Longmay Mining Group, the largest coal producer in Northeast China, has signed coal contracts with four of China's power giants, including China Huaneng, China Datang, China Guodian, and China Power Investment. The contracted volume plunged heavily from last year, while coal price rose by 50 yuan per ton (US$ 7.32).
Meanwhile, Shanxi Jincheng Anthracite Mining Group has reached coal supply contracts for 2010 with its holding chemical subsidiaries, China's five power giants and other consumers. Contracted power coal price also showed slight increase.
Besides, about 12 coal companies in Xinjiang Autonomous regions including Shenhua Xinjiang Energy Company achieved 41 million tons of coal supply contract with big coal consumers in Xinjiang, which has surpassed 50 percent of total coal supply of Xinjiang.
By Dec. 18, Shenhua Ningxia Coal Industry Group also had inked 16.5 million tons of coal contracts with 11 power producers.
A power-coal contract conference has also been launched in Henan province. Total contracted coal volume is estimated at 70 million tons, including 40 million tons of orders for state-owned coal groups.
Earlier, the National Development and Reform Commission announced to replace collective power-coal conference by individual ones held by separate companies, and cancel the Coal Ordering Conference since 2010. (1 USD = 6.82950 CNY)
Source: I Stock Analyst
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Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...
Wednesday, 13 January 10
ADHUNIK GROUP TO BUY 50 PCT IN AUSTRALIA MINE
The Adhunik group of Industries is in talks to acquire 50 percent in an Australian coking coal mine for $100 million, the Economic Times reported on ...
Wednesday, 13 January 10
COAL MARKETS 2010 CONFERENCE - SINGAPORE, 28 - 29 JANUARY 2010
COALspot.com (Press Release): As an established annual event that has been running for more than 7 years now with extensive industry support from ke ...
Wednesday, 13 January 10
IRON ORE PRICE TIPPED TO RISE 40PC, SAYS ANZ
THE price battle in the controversial iron ore negotiations is expected to intensify.
ANZ senior commodities analyst Mark Pervan has increased h ...
Wednesday, 13 January 10
KANGAROO RESOURCES KICKS OFF INDONESIAN COAL PRODUCTION
Coal-focused company Kangaroo Resources has formally joined the ranks of international coal operators after wrapping up the delivery and sale o ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Baramulti Group, Indonesia
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- IEA Clean Coal Centre - UK
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- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
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- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
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- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Attock Cement Pakistan Limited
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- Ministry of Mines - Canada
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- Singapore Mercantile Exchange
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- Wood Mackenzie - Singapore
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- Aboitiz Power Corporation - Philippines
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- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
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- Directorate Of Revenue Intelligence - India
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- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
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- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
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- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
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- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Commonwealth Bank - Australia
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- Power Finance Corporation Ltd., India
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- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
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- Sinarmas Energy and Mining - Indonesia
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- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
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- Ceylon Electricity Board - Sri Lanka
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- Intertek Mineral Services - Indonesia
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