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Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
 China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure supplies and help stabilize prices, the nation’s top economic planner said.
The province will complete the construction of four to six coal stockpile bases within the next three to five years, the National Development and Reform Commission said in a statement on its Web site today. The bases will each have a capacity to store more than 20 million metric tons of coal.
Shandong’s annual coal shortage may rise to more than 190 million tons next year, according to the commission. Coal prices at China’s Qinhuangdao port, a domestic benchmark, soared to a record in July last year and since then have almost halved as the global recession reduced energy demand.
"The province needs to build coal stockpiles and transit bases urgently to cope with potential energy supply disruptions,” the commission said. "Coal resources will become tighter in the long term, and it will be harder to secure resources from the outside market.”
Shandong, the nation’s second-most populous province, produced 135 million tons of coal last year, while provincial demand was 270 million tons, the commission said. By next year, coal consumption may rise to 311 million tons and output may be less than 150 million tons, the economic planner said. China produced 2.6 billion tons of coal in 2008.
Coal Imports
The bases will be stocked with coal from local mines and possibly imports from countries including North Korea, Indonesia and Vietnam, the commission said, without elaborating.
"Shandong needs more coal from the outside market compared with other provinces, so it’s necessary for them to build some stockpiles,” Wang Shuai, a mining analyst at Orient Securities Co., said by telephone in Shanghai. “On a national level, it may not be that urgent to build coal stockpiles now as China is self-sufficient.”
The four bases will be located in Longkou, Laiwu, Zhucheng and Qihe in the first phase and two more will be built in Rizhao and Heze “when the time is ripe,” the commission said.
The base in Longkou city will start operations in October and will eventually have a capacity of 50 million tons, the commission said.
Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ashxl8kfqenM
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Saturday, 16 May 09
FREIGHT MARKET HAS BEEN EXTREMELY BUOYANT - VISTAAR SINGAPORE
COALspot.com (Singapore): The week saw the BDI rally continuing and the market freight market has been extremely buoyant, VISTAAR Shipping Pte Limit ...
Friday, 15 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
ENERGY and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Thursday, 14 May 09
INDONESIA 2009 COAL OUTPUT REVISED DOWN - REUTERS
* Indonesia coal output seen at 240 million tonnes in 2009
* Coal exports down 11.2 pct to 44.79 mln tonnes in Q1 2009
* Production down 1.4 pct t ...
Thursday, 14 May 09
PAKISTAN WILL IMPORT 3.2 MILLION TON OF COAL IN 2009 - SEATRADE
COALspot.com (Pakistan) - SEATRADE Group of pakistan a single largest imported coal supplier in Pakistan, forecasting Pakistan steam coal imports wi ...
Wednesday, 13 May 09
ADARO, ITM EXPECT COAL GROWTH IN 2009
Adaro, which has a market capitalization of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and ...
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- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Australian Coal Association
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
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