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Monday, 14 June 10
S. AFRICA BOOSTS COAL SALES TO INDIA 12%, TRADER SAYS
 Bloomberg reported that, South Africa’s Richards Bay, the world’s second-biggest coal export harbor, boosted sales to India by 12 percent in May, a trader said.
Exports of coal rose to 1.93 million metric tons last month from 1.72 million in April, according to a note by mjunction Services Ltd., a Web-based trader backed by India’s biggest steel producers. The coal shipped was mostly thermal, used in power plants to generate electricity.
The terminal exported 4.57 million tons of coal in May, up from April’s 3.91 million tons and 22 percent more than a year earlier even as deliveries were cut by an 18-day national port and rail strike that ended on May 28. At the shipment rate so far this year, the terminal will export 57.72 million tons of the fuel in 2010, about 64 percent of its capacity.
Buyers from India accounted for about 42 percent of the terminal’s exports in May, according to the note. India’s imports of power-plant coal may grow 14 percent a year as demand for electricity increases, according to Tata Power Ltd.
Pakistan’s coal imports fell by about 69 percent to 40,233 tons in May from April, mJunction said. The South Asian nation imported 2.97 million tons in the first five months from Richards Bay terminal.
India imported 8.33 million tons in the first five months of this year from Richards Bay, 18.7 percent higher than the year-earlier period, according to the note. Richards Bay shipped about 35 percent of its total coal to India this year until May.
The country, Asia’s largest economy after Japan and China, expanded its industrial output by 17.6 percent in April, boosting its consumption of electricity as factories stepped up production. The nation’s thermal coal imports may climb to 72 million metric tons in 2011, according to Tata Power.
Prices for coal shipped through Richards Bay fell 0.4 percent to an average of $92.41 a ton on a free-on-board basis in the four days through June 4, according to IHS McCloskey. Asian benchmark prices at the port of Newcastle in Australia rose 1.2 percent to $99.30 through June 11.
Source: Bloomberg (By: Dinakar Sethuraman) - for more news click here
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Tuesday, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...
Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...
Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...
Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
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- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
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- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
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- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- IEA Clean Coal Centre - UK
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- CNBM International Corporation - China
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
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- Meenaskhi Energy Private Limited - India
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- MS Steel International - UAE
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- IHS Mccloskey Coal Group - USA
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
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