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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 likely to fall 22 percent this year compared with 2008 to a total 37.3 million tonnes, the importers group VDKI said on Wednesday.
"We see a significant decline by 22 percent through the steel industry crisis and the likely reduced demand from power generators," said the chairman of VDKI, Erich Schmitz, at the organisation's annual news conference.
Such imports, complementing indigenous supplies and serving power generators and steelmakers, last year totalled 48.0 million tonnes.
Schmitz also said his organisation believed quarterly coal import prices measured by state statistics office BAFA could fall to 65-70 euros ($90.10-97.03) by the end of this year, 18.7 percent below 83 euros at the end of March.
The use of steam coal for power plants and coking coal and coke for steelmaking by Germany's export-geared industry slumped early in 2009, falling victim to the financial crisis which has depressed economic activity.
Coal producer countries China, India and Indonesia started investing heavily in new capacity in recent years, and now will have to curb planned growth rates, Schmitz said.
"The market tends towards a buyers market which should pressurise world market prices for steam and coking coal," he said, adding a strong euro against the dollar would also help.
"But world trade in steam coal (in 2009) should stay stable while the coking coal market will shrink by 40 to 50 million or 20 to 25 percent," said Schmitz, citing a comparably slow decline in coal-to-power use as electricity demand is robust.
CO2 WOES
The 69-member VDKI, based in the port of Hamburg but close to the Rhein-Ruhr region's heavy industries which it serves, is worried about the sustainability of coal burning amid public criticism of the carbon dioxide (CO2) pollution it causes.
"We argue against this with the plans for higher energy efficiency rates at coal-fired power units and the hoped-for success in capturing and storing CO2 at power stations (in a tested, but not proven, process called CCS)," said Schmitz.
If newbuilding and CCS efforts were combined and successful, German coal generators may cut CO2 emissions to 96 million tonnes a year by 2015 versus 111 million in 2008, he said.
Germany uses hard coal for 20 to 25 percent of its annual power generation, depending on demand and rival fuels.
It mined 18.5 million tonnes of hard coal equivalent units last year but this may fall to 13-14 million tonnes in 2009 under long-term phase-out plans, according to the VDIK.
Lignite, a cheaply mined domestic brown coal, continues to hold a stable share of another quarter of power supply.
Source: Reuters (http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLH57244220090617?sp=true)
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Saturday, 13 June 09
CLEARLY THE DRIVER FOR DRY BULK MARKET SEEMS TO BE IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com (Singapore): The market saw mixed results last week. The beginning of the week saw the indices dropping including the futures , however t ...
Friday, 12 June 09
SOUTH SUMATERA SPEEDS UP INTERNATIONAL HARBOR CONSTRUCTION - TEMPO INTERACTIVE
The South Sumatera Government will speed up construction of the international harbor Tanjung Api-Api. The harbor is a strategic entry point for comm ...
Friday, 12 June 09
CHINA SHENHUA NOT EYEING NEW FOREIGN COAL MINES - MEDIA
China Shenhua Energy Co Ltd , the top Chinese coal miner, will not consider buying any major overseas mines before it starts operating the Watermark ...
Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on th ...
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 ...
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- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
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