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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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Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...
Tuesday, 16 June 09
INDIAN MINING WORKER ARRESTED IN BENGKULU
Forestry officials in Bengkulu Province, Sumatra, arrested one Indian national and two Indonesians on Sunday for unauthorized exploration in the ele ...
Tuesday, 16 June 09
INDIAN GOVERNMENT MAY ALLOW PRIVATE COMPANIES TO MINE COAL
The government is “strongly considering” to allow commercial coal mining by private companies in a bid to bridge the demand-supply gap, ...
Monday, 15 June 09
SAFRICA'S COAL TERMINAL EXPANSION DELAYED TO Q4
South Africa's Richards Bay Coal Terminal (RBCT) said on Monday the completion of a project to expand the export facility had been delayed to the f ...
Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers fo ...
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- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- Indika Energy - Indonesia
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Aditya Birla Group - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Minerals Council of Australia
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Bayan Resources Tbk. - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
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