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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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Saturday, 23 May 09
THE SPOT SUPRAMAX CONTINUED TO BE FIRM - VISTAAR SINGAPORE
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, an experienced ship operator from Singapore, said, the beginning of the week continued ...
Saturday, 23 May 09
INDONESIA'S COAL OUTPUT SLUMPS IN Q1 ON LOWER PRICES, FALLING DEMAND - THE JAKARTA GLOBE
Falling international coal prices, bad weather and other problems cut first-quarter coal output by 50 percent to 30 million tons against an initial ...
Saturday, 23 May 09
INDIAN GOVT PLANS TO BUILD FIVE COAL-BASED POWER PLANTS AT $3.5B TO END CRISIS - THE FINANCIAL EXPRESS
The government has started working on a plan to set up five coal-based power plants with combined capacity of 2,500 mega watt to solve the country' ...
Saturday, 23 May 09
INTERNATIONAL COAL VENTURES PVT LTD FORMED - INDIA SERVER
National Thermal Power Corporation Limited (NTPC Ltd), the largest thermal power generating company of India, has entered into a joint venture with ...
Friday, 22 May 09
CHURCHILL DOUBLES INDONESIAN COAL PROJECT RESOURCE ESTIMATE - STEEL GURU
Mining Weekly quoted Churchill Mining as saying that the resource at its East Kutai coal project in Indonesia has more than doubled to 3.18 billion ...
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- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- White Energy Company Limited
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Kepco SPC Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
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