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Monday, 22 June 09
CHINESE MAY COAL IMPORTS HIT RECORD 9.43 MILLION TONNES
Reuters quoted Custom Data showed that China's coal imports hit an all-time record of 9.43 million tonnes in May.
The figure surpasses the previous record of 9.16 million tonnes set in April, which analysts said was caused by a shutdown of small mines in China as well as thin demand on the international market, coupled with the failure of Chinese power firms to agree on a coal supply deal with domestic miners.
The huge level of shipments, more than twice the 4.16 million tonnes imported in May last year, brings China's coal imports in the first five months of 2009 to 32.2 million tonnes, 73% ahead of imports in the same months of 2008.
The surge in imports in April and May, a leap from previous monthly volumes ranging between 3 million and 6 million tonnes, comes despite a rebound in the cost of freight and a pick-up in coal prices.
Chinese coal remains relatively uncompetitive on the world market, with data released earlier this month showing exports of 1.19 million tonnes in May, the lowest monthly volume in more than 11 years. That puts net imports at 8.24 million tonnes in the month, compared to net exports of 4.6 million tonnes in the whole of last year, turning China from a small seller to a major buyer on the world market.
China meets the vast majority of its coal needs from its own mines, which produce roughly three times as much as is traded on the world seaborne market. But it also buys coal from Australia, Indonesia, Vietnam and Mongolia, and the circle of suppliers widened at the start of this year as shipping costs and global demand slumped.
The Customs data did not give any breakdown of the imports or exports. In the first four months of the year, the coal type showing the biggest increase in imports was coking coal, used by China's huge steel sector, which has continued producing at 2008 levels while most other steel firms have halved output. But most of China's imports are coal grades suitable for power generation, with coking coal making up less than a third of the total.
Source: Steel Guru (http://steelguru.com/news/index/2009/06/22/OTkzOTI%3D/Chinese_May_coal_imports_hit_record_9.43_million_tonnes.html)
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Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...
Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...
Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...
Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...
Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources
* Deal could value Berau at more than $1 billion-sources
Reuters reported that, China' ...
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- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- PTC India Limited - India
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Indian Energy Exchange, India
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Parliament of New Zealand
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Commonwealth Bank - Australia
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- ASAPP Information Group - India
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