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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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Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement
* MMTC says import delays could add to power shortages
Alibaba reported that, India's s ...
Tuesday, 14 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 11%; SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 11 ...
Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats ...
Monday, 13 July 09
NAPOCOR AWARDS 195,000 T COAL TO INDONESIAN FIRMS
ABC-CBN News reported that, Philippine electricity producer National Power Corp (Napocor) has awarded 195,000 tons in coal supply contracts to two I ...
Monday, 13 July 09
PAKISTAN TO IMPORT ABOUT 2.4 MILLION TONS OF INDONESIAN COAL AND 1.6 MILLION TON OF SOUTH AFRICAN COAL WITHIN NEXT 12 MONTHS
COALspot.com (Pakistan) : Pakistan has exported well over 12 million tons of cement while local sales have dropped a bit with the result 33 million to ...
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- Sical Logistics Limited - India
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- Billiton Holdings Pty Ltd - Australia
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- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Ministry of Finance - Indonesia
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- Deloitte Consulting - India
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- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
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- Orica Mining Services - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
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- Semirara Mining Corp, Philippines
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- European Bulk Services B.V. - Netherlands
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- GMR Energy Limited - India
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- AsiaOL BioFuels Corp., Philippines
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- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
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- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
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- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
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- Thiess Contractors Indonesia
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- Bhatia International Limited - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
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- Bukit Makmur.PT - Indonesia
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- Gujarat Sidhee Cement - India
- VISA Power Limited - India
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- Indian Oil Corporation Limited
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- Baramulti Group, Indonesia
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- The State Trading Corporation of India Ltd
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- Wilmar Investment Holdings
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- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
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- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- White Energy Company Limited
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- Banpu Public Company Limited - Thailand
- South Luzon Thermal Energy Corporation
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- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
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- Videocon Industries ltd - India
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- Karbindo Abesyapradhi - Indoneisa
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- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
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- Bharathi Cement Corporation - India
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- Kapuas Tunggal Persada - Indonesia
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