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Wednesday, 07 July 10
COAL PRICES ON THE RISE
Caixin online reported that, China's domestic coal prices have seen a 26.2 percent year-on-year rise in May. Meanwhile, the volume of coal imports and prices have also increased.
According to the Ministry of Industry and Information Technology (MITT), the domestic coal price in May was up 4.7 percent month-on-month. The growth rate was 3.5 percentage points higher than that in April.
During the first five months of this year, China imported 68.98 million tons of coal, up 114.3 percent year-on-year, making the country a net coal importer. In May alone, China imported 11 million tons of coal, in a rise of 16.6 percent from the same period last year. Average import prices for the first five months increased 30 percent year-on-year to US$ 96.70 per ton.
China became a net coal importer in February 2009 with increasing demand from steel and electricity production. According to Reuters, industry analysts predicted that China's total coal imports for 2010 are expected to reach 170 million tons, making it the world's largest coal importer.
Facing mounting pressures of coal price rise, China's National Development and Reform Commission (NDRC) recently asked major domestic coal producers not to raise prices. The NDRC's price department has been urging coal companies to honor 2010 coal contract prices and return any additional charges gained from higher prices by the end of June.
Source: Caixin
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Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight
With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...
Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...
Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...
Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...
Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...
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- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Economic Council, Georgia
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Mjunction Services Limited - India
- White Energy Company Limited
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Aboitiz Power Corporation - Philippines
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
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- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- India Bulls Power Limited - India
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