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Friday, 05 February 10
IN 2010, CHINA COAL OUTPUT TO REACH AROUND 3.3BLN T
It is expected that China's coal production in 2010 will reach around 3.3bln tons. It is predicted that in the first quarter of 2010, the tight coal supply still last, and the high coal price still continues rising. In the second quarter, due to the seasonal drop in demand, the price may fluctuate, but the price in the entire year still post the climb trend during the stability.
In 2010, two favorable aspects have the impact on coal market. One is that the global economy recovering trend is basically emerged, the global power and steel production started to slightly increase, with the economic rebound, the crude oil and coal demands will continuously jump. The other is that China's economy gets warmer, affected by the governmental positive finance policy and moderately loose currency policy, the
| “In 2010, the domestic coal production will come to around 3.3bln tons, China's coal demand still upswings” |
overall economy will pick up. The coal demand from power, steel, chemical, construction still rapidly increases, supporting the domestic coal demand to
hike.
In 2010, the overcapacity and pollution in coal industry will be important task of macroeconomic control.
In 2010, the domestic coal production will come to around 3.3bln tons, China's coal demand still upswings. From the current high international coal price and international energy demand situation, the coal import scale should be lower than 2009, the coal imports in the full year will remain around 100mln tons, the coal exports probably reach 25mln tons.
Source: Metalbiz / Hellenic Shipping News
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Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
Wednesday, 19 May 10
DRY BULK FREIGHT RATES' RALLY MAY BE SET TO END
The Baltic Dry Index (BDI) has rallied these past couple of weeks, almost touching the 4,000 point mark. But this positive development for dry bulk ...
Wednesday, 19 May 10
NEWCASTLE WEEKLY EXPORTS RISE; SHIP QUEUE LENGTHENS
Coal shipments from Australia's Newcastle port, the world's biggest export harbor for the fuel used in power stations, rose 2.9 percent last week ...
Tuesday, 18 May 10
THE BDI HIT A FIVE-MONTH HIGH AT THE CLOSE OF LAST WEEK
According to BRS, One of the oldest ship broker, at 3,929 points, the BDI hit a five-month high at the close of last week. The Capesize four time ch ...
Tuesday, 18 May 10
COAL TRADER CHINA QINFA TO BUY TWO BULK CARRIERS FOR 69 MLN USD
China Qinfa Group, a leading non-State-owned coal trader on China's mainland, said Sunday it had signed shipbuilding contracts to pay 69 million U. ...
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- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
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- Economic Council, Georgia
- The Treasury - Australian Government
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- The University of Queensland
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- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
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- Star Paper Mills Limited - India
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- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- VISA Power Limited - India
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
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- Thai Mozambique Logistica
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- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
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- Bhushan Steel Limited - India
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- ICICI Bank Limited - India
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- Miang Besar Coal Terminal - Indonesia
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- Sojitz Corporation - Japan
- GMR Energy Limited - India
- ASAPP Information Group - India
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- Independent Power Producers Association of India
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- Siam City Cement PLC, Thailand
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- Merrill Lynch Commodities Europe
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- Coal and Oil Company - UAE
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- Orica Mining Services - Indonesia
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- Electricity Generating Authority of Thailand
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- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
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- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
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- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
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- Wilmar Investment Holdings
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- Alfred C Toepfer International GmbH - Germany
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