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Monday, 24 October 11
CHINA QINHUANGDAO COAL PRICE RISES TO HIGHEST IN THREE YEARS - BUSINESSWEEK
Business week reported that, China’s power-station coal price rose to the highest level in three years as power stations and central heating plants built up stocks to meet winter demand.
Coal with an energy value of 5,500 kilocalories per kilogram rose 0.6 percent to a range of 850 yuan ($133) to 860 yuan a metric ton as of yesterday compared with a week earlier, according to data today from the China Coal Transport and Distribution Association. That’s the highest price since Oct. 20, 2008.
The benchmark price has risen 3 percent since Sept. 11. Inventories at the port, which ships half of China’s seaborne coal supplies, climbed 3.2 percent to 5 million tons from a week earlier and are at the third-lowest level this year.
The National Energy Administration said last month that provinces in southern and central China, which rely on hydropower, and areas that have low power tariffs, will face tighter electricity supply in the winter and spring. The supply shortfall may be as much as 26 gigawatts, the official Xinhua news agency reported Oct. 20, citing Tan Rongyao, a spokesman with the State Electricity Regulatory Commission.
Northern Chinese cities typically distribute heating from centralized plants in November through March. The temperature in northern China has dropped as much as 14 degrees Celsius (57 degrees Fahrenheit) since yesterday and the temperature in central and eastern China will drop as much as 10 degrees Celsius by tomorrow, according to the China Meteorological Administration.
China, the world’s biggest coal consumer, bought record amounts of the fuel in September as importers sought cheaper regional supplies. Imports rose 25 percent to 19.1 million metric tons from a year earlier, the National Development and Reform Commission said on Oct.20.
The nation’s largest power stations had 70.9 million tons of inventories as of Oct. 18, the equivalent of 20 days of consumption, the NDRC said. That’s an increase of 6.3 million tons from the end of September, it said.
Source: Businessweek (By : Chua Baizhen, Jing Yang)
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Thursday, 03 November 11
DRY BULK MARKET OFFICIALLY IN THE RED ON LOWER CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept falling yesterday, on lower iron ore demand, which has caused the industry’s benchmark, the BDI (Baltic Dry Index) to ...
Wednesday, 02 November 11
MMTC TO BUY 3.73 MILLION TONS OF COAL FOR 2011- 2013
COALspot.com - India’s state-owned coal and mineral trader MMTC looking for 3.73 million tons of power plant coal for the period 2011 - 2012/ ...
Wednesday, 02 November 11
PANAMAX MARKET BECAME QUIETER AFTER THE RECENT RECOVERY - BRS
There were substantial losses across the board this week: the BDI lost 6.3% to end at 2,018 and the BCI 8.2% to end 3,274. In the smaller sizes the ...
Tuesday, 01 November 11
BORNEO LUMBUNG BUYS 23.8% INTEREST IN BUMI
COALspot.com - PT. Borneo Lumbung Energi (BORN), an Indonesian coking coal producer announces that it has signed a sale and purchase agreement, cond ...
Tuesday, 01 November 11
BAKRIE FORMS STRATEGIC PARTNERSHIP WITH BORNEO - REDUCING DEBT BY USD 1 BILLION
Press Release - Enhancing the standing of “Indonesia Inc.” at the London Stock Exchange PT Bakrie & Brothers Tbk (“BNBR” ...
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- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sree Jayajothi Cements Limited - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- MS Steel International - UAE
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- The State Trading Corporation of India Ltd
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- PTC India Limited - India
- Australian Coal Association
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- The University of Queensland
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
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