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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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Friday, 17 July 09
CHINA COAL-SPOT PRICES EDGE LOWER, SUPPLY APLENTY
China Mining reported that, spot prices in China's top coal shipping port Qinhuangdao edged lower from a week earlier, as supply grew, offsetting t ...
Friday, 17 July 09
THE NEW LAW OF MINERAL AND COAL MINING NO 4/2009 CREATE CONDUCIVE CLIMATE OF INVESTMENT IN INDONESIA
COALspot.com (Indonesia): The new Law of Mineral and Coal Mining No 4/2009, which replaces the old mining law No. 11/1967 has been signed by the Pre ...
Friday, 17 July 09
INDIA COAL TRADERS MUST OWN POWER, MINES - C&O BOSS
· Coal traders need to diversify to grow
· Coastal Energen to build first merchant power plant
· Tamil Nadu to see st ...
Friday, 17 July 09
CHINA SHENHUA ENERGY'S COAL OUTPUT SWELLS 17.6% IN H1
China Knowledge reported that, China Shenhua Energy Co Ltd, which is engaged in the coal mining, power generation and transportation businesses, on ...
Thursday, 16 July 09
CHINA ISSUES SECOND BATCH OF '09 EXPORT QUOTAS
China has issued 25 million tonnes of coal export quotas for the second batch this year, the National Development and Reform Commission said Wednesd ...
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- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- SMC Global Power, Philippines
- India Bulls Power Limited - India
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
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- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- New Zealand Coal & Carbon
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
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