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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, 15 July 09
BANGLADESH TO IMPORT COAL FROM INDIA FOR 1 MORE YR
Bangladesh has decided to import coal from neighbour India for another year to save foreign exchange and time, a commerce ministry official said on ...
Wednesday, 15 July 09
INDONESIAN FIRM SUBMITS LOWEST BID FOR NAPOCOR COAL
ABS-CBN News reported that, An Indonesian firm offered to supply 195,000 tons of thermal coal to top Philippine electricity producer National Power ...
Wednesday, 15 July 09
INDIAN COAL MINISTRY TO CONSIDER POWER PLANT ALTERATION PROPOSALS
PTI reported that the coal ministry has agreed to consider applications of power plants seeking long term coal linkage due to enhancement in electri ...
Wednesday, 15 July 09
SHENHUA STARTS WORK ON INDONESIA POWER PLANT
Bloomberg reported that China Shenhua Guohau Power a unit of China’s biggest coal producer started construction of a power plant and mine in I ...
Wednesday, 15 July 09
PLN OPENS TENDERS FOR SUPPLY OF LOW - GRADE COAL
The Jakarta Globe, a Indonesian new paper reported that, State power utility PT PLN has opened a tender for the supply of low-grade coal for the nat ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Marubeni Corporation - India
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- The University of Queensland
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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