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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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Wednesday, 15 July 09
BANGLADESH TO IMPORT COAL FROM INDIA FOR 1 MORE YR
Bangladesh has decided to import coal from neighbour India for another year to save foreign exchange and time, a commerce ministry official said on ...
Wednesday, 15 July 09
INDONESIAN FIRM SUBMITS LOWEST BID FOR NAPOCOR COAL
ABS-CBN News reported that, An Indonesian firm offered to supply 195,000 tons of thermal coal to top Philippine electricity producer National Power ...
Wednesday, 15 July 09
INDIAN COAL MINISTRY TO CONSIDER POWER PLANT ALTERATION PROPOSALS
PTI reported that the coal ministry has agreed to consider applications of power plants seeking long term coal linkage due to enhancement in electri ...
Wednesday, 15 July 09
SHENHUA STARTS WORK ON INDONESIA POWER PLANT
Bloomberg reported that China Shenhua Guohau Power a unit of China’s biggest coal producer started construction of a power plant and mine in I ...
Wednesday, 15 July 09
PLN OPENS TENDERS FOR SUPPLY OF LOW - GRADE COAL
The Jakarta Globe, a Indonesian new paper reported that, State power utility PT PLN has opened a tender for the supply of low-grade coal for the nat ...
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- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
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- MS Steel International - UAE
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- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
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- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
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- Indian Energy Exchange, India
- Coal and Oil Company - UAE
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- Jaiprakash Power Ventures ltd
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- SN Aboitiz Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
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- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
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- Goldman Sachs - Singapore
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Parliament of New Zealand
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- The University of Queensland
- The State Trading Corporation of India Ltd
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- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
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- Samtan Co., Ltd - South Korea
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- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
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- Port Waratah Coal Services - Australia
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- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
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- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
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- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
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- Georgia Ports Authority, United States
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- Binh Thuan Hamico - Vietnam
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- Indonesian Coal Mining Association
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- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
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- Neyveli Lignite Corporation Ltd, - India
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- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- Standard Chartered Bank - UAE
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- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
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- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
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- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
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- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
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- Sical Logistics Limited - India
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- Kohat Cement Company Ltd. - Pakistan
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- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
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- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
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- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
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