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Thursday, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing by 36.2%, or 1.29 million tonnes compared with May 1st. In the face of the rebounding coal stockpiles, some industry insiders expressed that this would exert pressure to coal price, and also some analysts believe that it can be regarded as a reflection of the traders' positive attitude.
China's Guangzhou port has witnessed the same trend, with coal stock rebounding to current 2.53 million tonnes from 2.2 million tonnes in early May by 15%.
An expert from China Coal Industry Association said "What makes a difference from in March and April is that coal stock is also increasing in power enterprises, instead of merely keeping stable. Journalists got to know that by May 31st coal stock at China's locally served power enterprises had stayed at 32.32 million tonnes, enough for 18 days' operation. This quantity was 1.57 million tonnes more than on May 17th and 4.18 million tonnes more than in March 30th.
An expert said "In short term, coal market will still be in a state of oversupply, so it does have pressure to coal price. However, no signs point to coal price drop at Qinhuangdao port so far and till yesterday high grade mixed coal with 6,000 calorie per kilogram at the port had prevailed at CNY 620 per tonne to CNY 640 per tonne.”
An analyst from a security company said that growing coal stock indicate traders' confidence has recovered to some point. At present the stocking time remains at 8 days which is a normal level compared with 7 to 11 days in history. He further pointed out that a rip might show up in coal supply and demand in the near future.
Source:http://www.steelguru.com/news/index/2009/06/04/OTcwNTk%3D/China_Qinhuangdao_coal_stock_jumps_by_36.2%2525MoM.html
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Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The ...
Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
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- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Bhushan Steel Limited - India
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
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