We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 12 May 09
CHINA MINERS CUT COAL PRICE OFFER TO JAPAN UTILITIES - ALIBABA.COM
.jpg) * Producers cut offer to $75.50 a tonne from over $80
* Negotiations may conclude soon as price gap narrows
* New offer at discount of about 43 percent from last year
Chinese coal miners such as Shenhua Energy and China Coal Ltd have cut 2009/10 contract price offers to Japanese utilities to $75.50 per tonne, trade sources familiar with talks said on Tuesday.
Chinese producers have lowered their prices to $75.50 a tonne for coal with a heating value of 5,800 kcal/kg (NAR) as negotiations hit a snag after Japanese utilities rejected their initial offer of above $80, four trade sources said.
"The negotiation is likely to conclude soon, as the difference between prices offered by the two sides is shrinking to only $3.5 a tonne," said a Beijing-based trader, expecting the deal to be sealed as early as next week.
Traders said the latest price offer by the Chinese was a bid to meet Japanese utilities midway, which have counter offered $72 a tonne, on the same level as the deal struck by Australian miners and Japan's Chubu Electric.
Last month, Chinese miners asked for a price above $80 while Japanese end users offered to pay $68 a tonne, traders said.
China's new offer represents a discount of about 43 percent from last year's agreed price of about $131 a tonne, which excludes the 10 percent export tax.
"It seems that the coordinators representing each country are trying to sound out how much each utility can afford to buy and how much each producer can afford to supply if the price falls to US$75.50/mt," said a Singapore-based trader.
China's coal exports in the first four months dropped 36 percent from a year earlier to 9.34 million tonnes, the official customs data showed.
Faced with an international market where prices are nearly $20 a tonne lower than domestic prices, Chinese miners are only showing lukewarm interest in the export market this year. Some miners expect domestic demand to pick up in the summer when residential consumption shoots up with rising temperatures and industrial use will likely revive as the economy improves.
Japan's utilities, represented by Japan Coal Development, are looking to cut this year's contract volumes by about 20 percent, a Tokyo-based trader said.
But others said the volumes could be cut as much as 50 percent.
Japan was China's second-largest coal export destination country in 2008, receiving 13 million tonnes from China, just after South Korea's 17 million tonnes.
Source: http://news.alibaba.com/article/detail/energy/100100838-1-update-1-china-miners-cut-coal.html
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 20 April 09
PT PAMAPERSADA SEES ITS REVENUE TO CLIMB BY 20% IN 2009 - STEELGURU
PT Pamapersada Nusantara, a unit of Indonesia's PT United Tractors, said that its 2009 profit will be similar to last year, even as it forecasts re ...
Monday, 20 April 09
NIPPON STEEL SEMI-SOFT COAL PRICE SAID TO DROP 67% - BLOOMBERG
Nippon Steel Corp., Japan’s largest mill, will pay up to 67 percent less for semi-soft coking coal this fiscal year, two industry executives w ...
Monday, 20 April 09
INTERNATIONAL INVESTORS SEEK TO SELL ADARO STAKES - MONEY.CNN
Some international investors in PT Adaro Energy ( ADRO.JK) have approached other companies to sell around a combined 17% stake in the coal miner via ...
Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitratio ...
Friday, 17 April 09
JSW TO BUY THERMAL COAL MINE IN AFRICA
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million tons, to min ...
|
|
|
Showing 6806 to 6810 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Planning Commission, India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Metalloyd Limited - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- White Energy Company Limited
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
|
| |
| |
|
