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Monday, 13 January 14
INDONESIAN ORE BAN TO HAVE LIMITED IMPACT ON CHINESE ALUMINIUM PRODUCERS, FITCH RATINGS SAYS
COALspot.com: Fitch Ratings says today that Indonesia's ban on exports of unprocessed mineral ore will have limited impact on Chinese aluminium producers in the short-term because they hold bauxite stocks that could last up to a year. These producers have also begun changing aspects of their operations to make them less reliant on Indonesian ore over the longer term.
The ban, which came into effect on 12 January 2014, has halted shipments of unprocessed raw materials, which are mainly bound for China. Indonesia's mining ministry, however, is considering giving producers the flexibility to continue exports of some metals, except nickel and bauxite, until 2017.
About one fifth of China's aluminium is produced using bauxite imports from Indonesia, but Chinese producers have built up bauxite stocks that may be sufficient for up to a year of production. In 2013, bauxite imports into China rose about 80%, while alumina production increased 18%-20%.
Over the longer term, Fitch believes the ban will not have much impact on overall costs for Chinese producers as they have taken steps since the announcement of the Indonesian ban in 2009 to diversify their bauxite import sources. These steps include building new refineries to take in bauxite feeds from countries other than Indonesia; securing resources in Australia, India, Papua New Guinea, among others; and obtaining quotas for export of bauxite in exchange for building refineries and smelters in Indonesia.
There could be a short period between when China's current bauxite stocks are depleted and when the full benefits of the diversification measures are felt when China would have to increase its alumina imports, especially in light of its increasing aluminium production capacity. This could drive up aluminium production costs temporarily, but it is not likely to have a significant impact on global alumina prices as producers forecast world alumina output to be in surplus in 2014.
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Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
Monday, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...
Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
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- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Central Electricity Authority - India
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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