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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Monday, 22 September 14
COAL SECTOR CHAOS - GENESIS TO REVELATION - DIPESH DIPU
COALspot.com: “Let there be light”, intends the government of India but the fuel side of the story paints a blackout. The recent Suprem ...
Monday, 22 September 14
CFR SOUTH CHINA COAL SWAPS LOST ON DAY, WEEK AND MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 3.10 (-4.50%) month over month and $ 0.95 PT MT week over ...
Monday, 22 September 14
INDONESIAN COAL SWAPS LOST WEEK ON WEEK AND MONTH OVER MONTH
COALspot.com: Indonesian coal swaps for average October 2014 increased US$ 0.35 (+0.69%) day on day and lost US$ 0.30 (-0.58%) per mt week on week. ...
Sunday, 21 September 14
CAPE INDEX LOST 17% W-O-W ; BALTIC DRY PLUNGES 106 POINTS
COALspot.com: This week the freight market softened a bit compared to last week.
BDI fell 8.97% week on week and closed BDI at 1075 points on ...
Friday, 19 September 14
U.S. WEEKLY COAL PRODUCTION RELATIVELY FLAT AT +0.1% - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
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- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Goldman Sachs - Singapore
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- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
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- Parliament of New Zealand
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- Wilmar Investment Holdings
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- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
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- New Zealand Coal & Carbon
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- Ministry of Transport, Egypt
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Minerals Council of Australia
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- Planning Commission, India
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- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
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- White Energy Company Limited
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- Indonesian Coal Mining Association
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- Straits Asia Resources Limited - Singapore
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
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- Bhoruka Overseas - Indonesia
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
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- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
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- The University of Queensland
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coal and Oil Company - UAE
- ASAPP Information Group - India
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- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
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- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
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- Semirara Mining and Power Corporation, Philippines
- Heidelberg Cement - Germany
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- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Agrawal Coal Company - India
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Central Electricity Authority - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
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- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
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- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
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- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Deloitte Consulting - India
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- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
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- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
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- Indian Energy Exchange, India
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- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
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- Jaiprakash Power Ventures ltd
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- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Videocon Industries ltd - India
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- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Mines - Canada
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
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