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Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.
Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.
“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”
Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Friday, 19 February 16
INDONESIAN HBA HITS A NEW LOWS BELOW $51 A TON AS OVERSUPPLY, LOW DEMAND WOES PERSIST
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price further deep in February 2016. HBA has slumped second time t ...
Friday, 19 February 16
U.S. WEEKLY COAL PRODUCTION ROSE 2.6% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.2 million shor ...
Thursday, 18 February 16
INDIA NEEDS INTERNATIONAL SUPPORT ON HIGH EFFICIENCY COAL - WORLD COAL ASSOCIATION
Speaking at a conference in New Delhi today, World Coal Association Chief Executive Benjamin Sporton said the critical role of coal in driving econ ...
Thursday, 18 February 16
CHINA COAL SECTOR - 2015 RESULTS BLEAK, 2016 UNLIKELY TO BE ANY BETTER - FITCH
COALspot.com: China Coal Sector’s Financial Woes to Worsen in 2016.
Fitch Ratings says that the 2015 full-year result previews issued by ...
Thursday, 18 February 16
PANAMAX RATES OUT OF ECSA WERE STILL GAINING A PREMIUM OVER THE REST OF THE MARKET - INTERMODAL
The BDI moved further down last week, fact that hardly took anyone by surprise as the lunar year holidays in Asia on top of the already depre ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Wilmar Investment Holdings
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- The University of Queensland
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
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