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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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Tuesday, 13 July 10
FURTHER LOSSES FOR BALTIC DRY INDEX ON HIGH VESSEL SUPPLY
The dry bulk market can’t catch a breath, as it has now entered the 7th straight week of losses. The industry’s benchmark, the Baltic Dr ...
Sunday, 11 July 10
OVERALL NO OR NEGLIGIBLE IMPACT IN ARUTMIN MINE - BUMI
COALspot.com: Bumi denies the media reports on an impact of unusually rains on coal production in BUMI mines.
"Arutmin is being impacted by ...
Saturday, 10 July 10
FREIGHT MARKET SITUATION MAY CONTINUE FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: The market continued to soften further with the cape and panamax index down by about 20 pct and closed at 2,102 and 1,944 points respe ...
Saturday, 10 July 10
STC OF INDIA TO ASSOCIATE WITH FUEL SUPPLIERS
COALspot.com: State Trading corporation of India, which is under Ministry of Commerce, has invited Expression of Interest from coal suppliers ...
Saturday, 10 July 10
SCOMI TO SELL STAKE IN INDONESIA OPS - THE STAR
The star online reported that, Scomi Marine Bhd will sell a stake in its marine logistics business in Indonesia to a large Indonesian company to dea ...
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- The State Trading Corporation of India Ltd
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Deloitte Consulting - India
- White Energy Company Limited
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Meenaskhi Energy Private Limited - India
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
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