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Saturday, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coal importer in the near future, but imports are expected to shrink from the previous year.
Mr Wu predicted that China's annual energy demand would reach about 5 billion tonnes of standard coal and raw coal demand would hit 4.53 billion tonnes by 2020. As domestic coal resources are not sufficient to meet the demand, China needs to import coal from the foreign market.
Mr Fan Liya from Shanxi Coking Coal Group said that China coal supply will be short in the Q1 driving up coal prices in the same period. The second and third quarters will see balanced supply and demand, as China's major coal producer Shanxi province is completing the coal resource integration and new capacities will be put into production in the second half of the year. Coal prices will likely fall slightly during the two quarters. Generally, prices during the year will remain stable with slight rise. Specifically, steam coal prices will stay high but fluctuate largely, while coking coal prices will fluctuate slightly at a high level.
Mr Fan expected China coal output to exceed 3.3 billion tonnes in 2010, up over 10%YoY. The annual coal imports are estimated to surpass 80 million tonnes, lower than that in 2009, while exports will likely reach 30 million tonnes.
Mr Wang Junwei manager of Sinomet International Corporation Mines Department echoed that China's coking coal imports would remain high in 2010, but lower than last year.
Source: iStockAnalyst / Steel Guru
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Tuesday, 06 April 10
ASIAN INVESTORS EYE NIGERIA MARITIME INDUSTRY
Investors from the Asian region are considering investing in the Nigerian maritime sector, which has huge opportunities and potential. One of such p ...
Monday, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...
Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...
Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...
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- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Bulk Trading Sa - Switzerland
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Planning Commission, India
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
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