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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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Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...
Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
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- Parliament of New Zealand
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- International Coal Ventures Pvt Ltd - India
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- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Planning Commission, India
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Ministry of Mines - Canada
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Directorate General of MIneral and Coal - Indonesia
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- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Wood Mackenzie - Singapore
- Ministry of Transport, Egypt
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- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- The University of Queensland
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- Jorong Barutama Greston.PT - Indonesia
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- Trasteel International SA, Italy
- Economic Council, Georgia
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
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- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
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- San Jose City I Power Corp, Philippines
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- Bulk Trading Sa - Switzerland
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- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
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- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
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- Standard Chartered Bank - UAE
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- Holcim Trading Pte Ltd - Singapore
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- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Chamber of Mines of South Africa
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
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- Bangladesh Power Developement Board
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