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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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Tuesday, 14 July 09
MMTC SAYS MAY RE-TENDER FOR 12.5 MLN T COAL
* KIS has demanded investigation into procurement
* MMTC says import delays could add to power shortages
Alibaba reported that, India's s ...
Tuesday, 14 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 11%; SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 11 ...
Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats ...
Monday, 13 July 09
NAPOCOR AWARDS 195,000 T COAL TO INDONESIAN FIRMS
ABC-CBN News reported that, Philippine electricity producer National Power Corp (Napocor) has awarded 195,000 tons in coal supply contracts to two I ...
Monday, 13 July 09
PAKISTAN TO IMPORT ABOUT 2.4 MILLION TONS OF INDONESIAN COAL AND 1.6 MILLION TON OF SOUTH AFRICAN COAL WITHIN NEXT 12 MONTHS
COALspot.com (Pakistan) : Pakistan has exported well over 12 million tons of cement while local sales have dropped a bit with the result 33 million to ...
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- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Australian Coal Association
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
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