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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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Tuesday, 26 November 13
EWP INVITES COAL BIDS FOR 2014 - 2018 DELIVERIES
COALspot.com: Korea East-West Power Co. Ltd (EWP) invited bids to supply 130,000MT of min 5,600kcal/kg (Sub)-bituminous Coal on NCV basis for March ...
Tuesday, 26 November 13
NEWCASTLE COAL EXPORTS SLIP 22.62% W-W
COALspot.com: In the week ended November 25, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.26 ...
Monday, 25 November 13
THE SUB-BIT INDONESIA COAL SWAP MOVEMENT IN YEAR 2014 IS STILL FAR FROM PROMISING
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’ 14 delivery gained $ 2.54 pmt month on month on Friday 22 Novemb ...
Sunday, 24 November 13
CFR SOUTH CHINA COAL SWAPS FOR Q4' 14 DELIVERY PRICE SHOWS A NEGATIVE TREND WEEK ON WEEK AND FLAT ON D-D
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 0.13 percept d-d on Friday 22 November 2013. The CFR South ...
Sunday, 24 November 13
SUPRAMAX FREIGHT RATES REMAINED FIRM FROM INDONESIA TO INDIA AND CHINA - SOLYM
COALspot.com: The freight market was fairly steady except for the Supramax in SE Asia region which continued to remain firm. The BDI was down by 1.5 ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- MS Steel International - UAE
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- The Treasury - Australian Government
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Straits Asia Resources Limited - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
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