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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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Saturday, 04 July 09
S. AFRICA'S RICHARDS BAY TO CAP NEW COAL VOLUMES, MININGMX SAYS
South Africa’s Richards Bay Coal Terminal is proposing restrictions on the quotas it awards to coal exporters from the so-called Phase 5 expansi ...
Saturday, 04 July 09
DALRYMPLE BAY COAL TERMINAL EXPANSION COMPLETE
BABCOCK & Brown Infrastructure has completed expansion of the Dalrymple Bay Coal Terminal (DBCT) near Mackay, Queensland.
The terminal is now ...
Friday, 03 July 09
CHINA SHENHUA TO DOUBLE COAL CAPACITY BY 2014-PAPER
China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal report ...
Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the s ...
Thursday, 02 July 09
PETCOKE BOOMS AS CEMENT MAKERS TRY TO REPLACE COAL
* Cement makers led by Asia chase petcoke to replace coal
* Petcoke prices up $10/T Feb-Jun, set to rise further
* Domestic U.S. petcoke demand ma ...
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- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- SMC Global Power, Philippines
- VISA Power Limited - India
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Eastern Energy - Thailand
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- MS Steel International - UAE
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Indika Energy - Indonesia
- Planning Commission, India
- ASAPP Information Group - India
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
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