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Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The latest statistics from the General Administration of Customs showed China’s coal import reached 9.43 million tons in May, more than double that in the same period of last year. China’s coal import and export amounted to 32.20 million and 10.53 million tons respectively in the January. Industry insiders predicted a net import of more than 30 million tons of coal for the whole year of 2009.
China imported 10.02 million tons of anthracite, one of the main types of coal imported by China, in the first four months of this year, up 19.5 percent year-on-year. The import of coking coal also surged to 6.27 million tons in the same period.
Coal demand of steelmakers and metallurgy enterprises was the main driving force behind the increase of coal import, some analysts said.
The deadlock between coal suppliers and power producers is also responsible for the rise of China’s coal import. Key power generators preferring to purchase overseas coal with a lower price drove up the coal import, according to the customs.
Source: China Trade Information (http://www.chinatradeinformation.net/china-trade-news/chinas-coal-imports-up-and-exports-down.html)
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Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...
Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...
Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...
Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs
Live mint.com reported that, India’s largest power generation utility ...
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- Semirara Mining and Power Corporation, Philippines
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- Siam City Cement PLC, Thailand
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- India Bulls Power Limited - India
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- Global Green Power PLC Corporation, Philippines
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
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- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
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- Attock Cement Pakistan Limited
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- IHS Mccloskey Coal Group - USA
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- Rio Tinto Coal - Australia
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- Pipit Mutiara Jaya. PT, Indonesia
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- Economic Council, Georgia
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- Uttam Galva Steels Limited - India
- Antam Resourcindo - Indonesia
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- Parliament of New Zealand
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- Malabar Cements Ltd - India
- Thai Mozambique Logistica
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- Cigading International Bulk Terminal - Indonesia
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- Jorong Barutama Greston.PT - Indonesia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
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- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
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- Eastern Energy - Thailand
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- Kohat Cement Company Ltd. - Pakistan
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- International Coal Ventures Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
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- McConnell Dowell - Australia
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- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
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- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Transport, Egypt
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- The State Trading Corporation of India Ltd
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- Toyota Tsusho Corporation, Japan
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- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
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- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
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- Marubeni Corporation - India
- Planning Commission, India
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- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
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- Bharathi Cement Corporation - India
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- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
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