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Saturday, 13 February 10
COAL INDIA 2010/11 COAL IMPORTS TO JUMP - EXEC
Coal imports by state-run Coal India Ltd are likely to soar to 6-10 million tonnes in fiscal 2010/11 from an expected 1.5-1.7 million tonnes in the current fiscal year, D.C. Garg, chairman of the company's subsidiary Western Coalfields Ltd told Reuters.
The country's demand for coal is rising, particularly from the steel and the power sectors which are expanding capacity, but domestic coal output targets are being scaled down because of delays in several projects.
"Demand will come out strongly," Garg said.
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“India's coal imports may rise to 50 million tons in 2011/12 from about 30 million tones as demand from steel plants is expected to rise” - D.C. Garg
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On Tuesday, Coal India, the country's largest coal producer, said it would miss its output target for the financial year that ends on March 31, and would scale down its output target for 2011/12 due to delayed projects.
Garg said India's coal imports may rise to 50 million tonnes in 2011/12 from about 30 million tonnes as demand from steel plants is expected to rise in step with capacity expansion.
Coal shortages have hit India's power output and firms such as the National Aluminium Corp have faced precariously low stocks of the fuel.
India's power generation in December grew 5.45 percent, but would have grown 6.5 percent if adequate coal was available at plants of NTPC Ltd
Source: Reuters
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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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- The Treasury - Australian Government
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- The University of Queensland
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- Economic Council, Georgia
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- Directorate General of MIneral and Coal - Indonesia
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- Africa Commodities Group - South Africa
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- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- IEA Clean Coal Centre - UK
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- Goldman Sachs - Singapore
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- Sical Logistics Limited - India
- MS Steel International - UAE
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- Iligan Light & Power Inc, Philippines
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- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
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- Indian Oil Corporation Limited
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- Ministry of Mines - Canada
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- Romanian Commodities Exchange
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- Planning Commission, India
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- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
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- PowerSource Philippines DevCo
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Minerals Council of Australia
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- TNB Fuel Sdn Bhd - Malaysia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
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- Kumho Petrochemical, South Korea
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- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Independent Power Producers Association of India
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- Parliament of New Zealand
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- White Energy Company Limited
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