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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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Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are like ...
Thursday, 18 June 09
INDIKA GETS APPROVAL ON PETROSEA ACQUISITION
PT Indika Energy, the country’s third-biggest miner, said on Wednesday that its shareholders had approved its plan to acquire an 81.95 percent ...
Thursday, 18 June 09
MORE FUNDS FOR COAL VIDESH ASSET BUY
The government plans to let Coal Videsh, a subsidiary of Coal India, have more than Rs 1,000 crore at its disposal to shop for assets abroad.
&ld ...
Wednesday, 17 June 09
MINE EXPLOSION'S DEATH TOLL HITS 30 - (UPDATE 1 )
Search and rescue workers have discovered the bodies of 30 miners who were killed in a coal mine explosion in the West Sumatra regency of Sawahlunto ...
Wednesday, 17 June 09
S.KOREA UTILITIES INK '09 COAL CONTRACTS WITH CHINA
* S.Korea to buy 3 mln tonnes of coal from China at $78.50/T
* Talks between individual power firms and miners ongoing
South Korean utilities ...
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- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- SMG Consultants - Indonesia
- The University of Queensland
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Wilmar Investment Holdings
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
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