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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 seven months as winter demand began to ease. Prices for coal with an energy value of 5,500 kilocalories a kilogram dropped to between 790 and 800 yuan ($117) per metric ton as of today from between 800 and 810 yuan a week earlier, data from the China Coal Transport & Distribution Association showed. That's the first decline since July 6.
China faced its coldest winter in at least 50 years as heavy snowfalls snarled overland coal transportation and high winds shut Qinhuangdao, from which the nation ships half of its seaborne coal. Coal prices at the port had increased 25 percent over the last three months, data from the association showed.
| “China, the world's second-biggest energy consumer may continue to face a coal shortage until the end of March 2010” |
"Eight hundred yuan will be the peak because the worst of the winter is over," David Fang, a director at the association, said by telephone in Beijing
today. "Demand will fall toward the Lunar New Year as factories close for the holiday."
The world's second-biggest energy consumer may continue to face a coal shortage until the end of March because of heightened winter demand, the government said on Jan. 25. China relies on coal for about 80 percent of its power output.
The nation may consume between 4 and 6 percent more coal this year, or about 3.4 billion tons, on continued economic growth, China Securities Journal said on Dec. 28, citing a forecast from the China National Coal Association.
Source: Bloomberg / Hellenic Shipping News
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Wednesday, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
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- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Economic Council, Georgia
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Deloitte Consulting - India
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
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