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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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Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Monday, 01 June 09
LANDED COST OF IMPORTED COAL HAS INCREASED BY 10 - 15% COMPARE TO EARLY THIS YEAR - PAKISTAN TRADERS
COALspot.com (Pakistan): Due to visiting non commercial vessels occupied commercial berths in Karachi port, coal carrying vessels were sufferi ...
Monday, 01 June 09
LAHAT RELIES ON COAL FOR GROWTH - THE JAKARTA POST
Lahat regency in South Sumatra spans 6,618.27 square kilometers, encompasses 19 districts and covers 528 subdistricts and villages. It is inhabited ...
Saturday, 30 May 09
THE CHINESE IMPORTS OF IRON ORE,COAL AND NICKEL ORE SEEMED TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore,said, the Baltic index rally continued this week ...
Saturday, 30 May 09
COAL INDIA SIGNS FUEL SUPPLY AGREEMENT WITH NTPC - SINDHTODAY
India’s largest coal miner Coal India Friday inked a much-awaited fuel supply agreement (FSA) with power generation major NTPC Ltd.
In the ...
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- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- The University of Queensland
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Indika Energy - Indonesia
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Bangladesh Power Developement Board
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- CNBM International Corporation - China
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
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