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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 $99.30 through June 11.
Source: Bloomberg (By: Dinakar Sethuraman) - for more news click here
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Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...
Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
Attention international coal industry. There's a new kid on the block.
The nation of India.
India is emerging as a major re-shaping force for ...
Sunday, 28 March 10
SHIPS FROM WC INDIA TO CHINA CONTINUED TO BE FIXED AT HEALTHY LEVELS AT AROUND US$ 50/52,000 PER DAY - VISTAAR
COALspot.com: The dry bulk freight market seemed to be heading for a correction with all the indices dropping by 8-10 pct except for handy size whic ...
Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...
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 coa ...
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- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- ASAPP Information Group - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
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