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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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Tuesday, 02 June 09
GOVT FINALIZING DMO MECHANISM, REFERENCE PRICE FOR COAL - THE JAKARTA POST
Indonesia, the world's largest thermal coal exporter, is finalizing regulations on a reference price on coal, on a domestic market obligation (DMO) ...
Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)
China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic p ...
Tuesday, 02 June 09
INDONESIA'S COAL EXPORTS REACH US$ 3.44 BILLION SO FAR THIS YEAR - TRADINGCHARTS
Indonesia`s coal exports in the January-April 2009 period increased by 21.31 per cent to US$3.44 billion compared to US$2.83 billion in the same per ...
Tuesday, 02 June 09
INDONESIA'S BUKIT ASAM AGREES HIGHER COAL PRICES - REUTERS
Indonesian state coal miner PT Bukit Asam Tbk said it has agreed coal prices for two power plants owned by state electricity firm PT Perusahaan List ...
Tuesday, 02 June 09
ADARO MAY RAISE COAL SALES TO CHINA, INDIA PLANTS - THE JAKARTA GLOBE
PT Adaro Energy, the country’s second-largest coal producer, may increase sales of power-plant coal to China and India on signs of a global ec ...
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- Minerals Council of Australia
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
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