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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, 01 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE BY 12PCT
Bloomberg reported that Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12% last ...
Wednesday, 01 July 09
RS 6,000CR MMTC COAL IMPORT PLAN UNDER CLOUD
The plan of MMTC Ltd, a trading firm under the commerce ministry, to import coal worth Rs 6,000 crore has come under cloud, with the Central ...
Wednesday, 01 July 09
INDONESIAN FIRM BIDS FOR 130,000T COAL FOR NAPOCOR
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it received two bids from Indonesia's PT Trubaindo and its loc ...
Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY
India will soon get a coal index to track the coal price movement in the country.
India's leading e-commerce company Mjunction Services Ltd will ...
Wednesday, 01 July 09
COAL INDIA SEEKS FASTER APPROVALS, IMPORTS, OVERSEAS MINERS
Coal India Ltd., the world’s biggest coal producer, wants mining approvals sped up to help it boost production to meet a widening supply short ...
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- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Kohat Cement Company Ltd. - Pakistan
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Rio Tinto Coal - Australia
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Ministry of Mines - Canada
- Minerals Council of Australia
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Renaissance Capital - South Africa
- MS Steel International - UAE
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