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Tuesday, 07 July 09
POWER - STATION COAL MAY RISE ON CHINA DEMAND, SUPPLIES, UBS SAYS
Power-station coal prices in Asia may increase in 2010 because of higher demand from China, the second-largest energy-consuming nation, and supply constraints, UBS AG said.
UBS has raised its 2010 forecast for the benchmark coal grade burned by Japanese utilities to $90 a metric ton from $80 a ton in 2010, analysts from the bank wrote in a report dated yesterday. Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, climbed 6.5 percent to $73.13 a ton in the week ended July 3, according to the globalCOAL NEWC Index.
Bottlenecks at Australian ports, heavy rain in Indonesia and increased imports by China constrained supplies of the fuel to Asian customers in 2007 and drove up prices. Market conditions are expected to tighten starting in the fourth quarter of this year and peak in 2011, UBS said.
“We are once again experiencing an increasingly tighter coal market with a theme developing similar to 2007,” UBS analysts led by Jakarta-based Andreas Bokkenheuser said in the note. China, the biggest producer and consumer of coal, burns the fuel to generate about 80 percent of its electricity.
Power use is increasing in China, as light industries step up production, after heavy industrial growth recovered in June, the UBS analysts said. Australian and Indonesian supply growth remains low and mining shutdowns in China’s Shanxi province have added to regional supply constraints, UBS said.
Price estimates for 2011 to 2013 have been reduced to factor in a possible supply response as coal producers address shortages, the analysts said.
Source: Bloomberg
(http://www.bloomberg.com/apps/news?pid=20601081&sid=aYezGDx3lDu4)
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Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quart ...
Wednesday, 19 August 09
MMTC SCRAPS CONTROVERSIAL COAL TENDER
Most of NTPC’s coal-based projects don’t have sufficient stock of coal
State-owned trading firm MMTC Ltd has scrapped its controversi ...
Wednesday, 19 August 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 WILL BE HELD IN CHINA IN SEPTEMBER 2009
COALspot.com (China): Due to the inversion of domestic and overseas coal price in China, China coal import increased dramatically and continuously. ...
Wednesday, 19 August 09
COAL INDIA PLANS SUBSIDIARY IN MOZAMBIQUE
Business Standard reported that, Coal India Ltd (CIL), which was awarded two exploratory coal blocks in Mozambique in March this year, has decided t ...
Tuesday, 18 August 09
INDIA PLANS 'SIMPLER' MINING LAW TO BOOST INVESTMENT
Bloomberg reported that, India aims to cut permit delays and attract overseas capital through “simpler” resource investment laws to help ...
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- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Australian Coal Association
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- TeaM Sual Corporation - Philippines
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Aditya Birla Group - India
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- The University of Queensland
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
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