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Saturday, 06 June 09
COAL PRICE HIT RECORD ON STRONG CHINA DEMAND - INVESTMENT WATCH
Investment watch reported that, “Coal price hit a new high of over $72 a tonne at Australia’s Newcastle Port, a benchmark for Asia, spurred by strong demand in China, the rising oil price and expectations that a recovery in global economy.
Thermal Coal prices in the globalCOAL Newcastle index rose $6.48 from the previous week to $72.79 a tonne, the highest since Feb. 24 when it stood at $73.38 a tonne.
But domestic coal price has been kept stable for a whole month, the Datong premium blend with heating value of 6,000 Kcal/kg was 620-640 yuan/t (about US$ 91.2-94.1 per tonne) on Qinhuangdao port, a benchmark for China’s domestic market.
China’s coal demand remains robust, as the prices of imported coal maintain a discount to domestic prices.
Guangdong, a major coal consumer in south of China, imported 6.15 million tonnes of coal in Jan-Apr, up 59.2 percent year on year.
Shandong, one major industrial province in east of China, imported 1.6 million tonnes coal in the first four months, up 106.3 percent year on year.
China’s recent hunger for overseas coal pushes the international coal price up, said Huang Teng, an expert in coal trading. Coal price will continue to rise, if demand from China remains strong, Huang added.
China’s coal import may hit 65 million tonnes this year, up 60 percent from a year earlier, Huang predicted.
Analysts say higher coal imports may not affect the domestic market much, even if the volume breaks 100 million tonnes, as it just accounts for 4 percent of the country’s total consumption.”
Source: http://investment-blog.net/coal-price-hit-record-on-strong-china-demand/
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Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...
Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...
Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...
Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace tha ...
Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...
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- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Deloitte Consulting - India
- PTC India Limited - India
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Uttam Galva Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
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