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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, 22 October 21
CHINA WANTS TO COOL COAL PRICES. SIMILAR MOVES FOR METALS, CRUDE FAILED - REUTERS
China’s latest attempt to lower runaway commodity prices, this time for thermal coal, is likely to follow a familiar pattern of initial succe ...
Friday, 22 October 21
HARD COAL REMAINS AN IMPORTANT FACTOR FOR SECURITY OF SUPPLY - COAL IMPORTERS ASSOCIATION, GERMANY
- Hard coal remains an important factor for security of supply
- Increase of around 35% in hard-coal-fired power generation in the first three ...
Wednesday, 20 October 21
CHINA'S COAL SHORTAGE TO EASE IN COMING MONTHS, INDUSTRY BODY SAYS - REUTERS
China’s coal shortage will likely ease in coming months, with domestic production and imports already showing signs of picking up, a coal ind ...
Wednesday, 20 October 21
CHINA'S RAW COAL OUTPUT DROPS IN SEPTEMBER - XINHUA
China’s raw coal output dropped 0.9 percent year on year to 330 million tonnes last month, data from the National Bureau of Statistics (NBS) ...
Wednesday, 20 October 21
OVER-RELIANCE ON COAL IN OUR POWER MIX HURTING INDIA - LIVEMINT
In spite of the renewables push, coal still accounts for about 50% of India’s installed power capacity. That means a simultaneous demand and ...
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- Mjunction Services Limited - India
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- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
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- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
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- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
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- McConnell Dowell - Australia
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- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Merrill Lynch Commodities Europe
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- Electricity Authority, New Zealand
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- Vizag Seaport Private Limited - India
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- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Toyota Tsusho Corporation, Japan
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- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
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- Binh Thuan Hamico - Vietnam
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- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
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- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
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- Commonwealth Bank - Australia
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- Ministry of Mines - Canada
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- Thai Mozambique Logistica
- Parliament of New Zealand
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- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
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- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
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- Australian Coal Association
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- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
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- Port Waratah Coal Services - Australia
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- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- AsiaOL BioFuels Corp., Philippines
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Ambuja Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
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- Miang Besar Coal Terminal - Indonesia
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