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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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- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Mintek Dendrill Indonesia
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
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