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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, 03 June 09
POWER DEMAND TO BOOST INDIA COAL IMPORTS DURING MONSOON - STEELGURU
Reuters quoted Indian coal importers said that strong demand for power in India is likely to keep coal imports at the maximum level possible in the ...
Wednesday, 03 June 09
NAPOCOR EXTENDS COAL TENDER FOR SOLE BIDDER - ABS CBNNEWS
National Power Corp. (Napocor), the top Philippine electricity producer, has given the lone bidder at a tender for 195,000 tons of coal more time to ...
Wednesday, 03 June 09
NEWCASTLE COAL EXPORTS JUMP 20 PERCENT; SHIP QUEUE LENGTHENS - BLOOMBERG
Coal exports from Australia’s Newcastle, the world’s biggest export harbor for the fuel, jumped 20 percent last week while the number of ...
Wednesday, 03 June 09
IPL-2 OVER, INDIAN COAL LEAGUE BEGINS IN SOUTH AFRICA - ECONOMICTIME
Steel, cement and power companies, which have traditionally relied on cheap Indonesian coal to fuel their factories, are rushing to buy South Africa ...
Wednesday, 03 June 09
BUILDING A ROAD TO LINK 3 GIANTS - THE JAKARTA GLOBE
Madhu Koneru is building a road to the future that will bring together the financial heft of the Middle East, the technological know-how of a rising ...
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- SMG Consultants - Indonesia
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- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- The University of Queensland
- Maheswari Brothers Coal Limited - India
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- Bhatia International Limited - India
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- Economic Council, Georgia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Australian Commodity Traders Exchange
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- Deloitte Consulting - India
- White Energy Company Limited
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- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
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- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
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- Parliament of New Zealand
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- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
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- Minerals Council of Australia
- Chamber of Mines of South Africa
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- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
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- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
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- TNB Fuel Sdn Bhd - Malaysia
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- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
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- Karbindo Abesyapradhi - Indoneisa
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- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
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- South Luzon Thermal Energy Corporation
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Planning Commission, India
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- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
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- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
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- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
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- Rashtriya Ispat Nigam Limited - India
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- Savvy Resources Ltd - HongKong
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- The Treasury - Australian Government
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- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
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- Ministry of Mines - Canada
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- PowerSource Philippines DevCo
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- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
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- Samtan Co., Ltd - South Korea
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- Semirara Mining and Power Corporation, Philippines
- Cement Manufacturers Association - India
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