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Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
 China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 million tons, according to statistics released yesterday by China Customs.
Coal exports, at 11.7 million tons during the same period, decreased by 54.2 percent. Net coal imports reached 36.6 million tons, compared to 3.9 million tons in the same period last year.
China’s raw coal output totaled 1.4 billion tons in the first half of the year, up 8.7 percent year on year, 6.1 percentage points lower than a year ago period, the National Development and Reform Commission disclosed on its website yesterday.
Analysts said the relatively higher domestic coal prices might have been the reason for the increase in coal imports.
Coal companies at the annual coal price negotiation conference wanted to increase term prices this year by 4 percent to pass on their higher tax burden and other rising costs. But power generators hoped to cut prices by 50 yuan ($7.32) per ton, to ensure that they would not sink into the red this year.
The tussle between the coal miners and power generators would push some of the enterprises to seek overseas coal, analysts said.
Early this month, some enterprises in Guangdong province, including Guangdong Yuedian Group, signed contracts for coal supply with the Vietnam Coal Corp (VINACOL).
The contracts involved 7 million tons coal supply from VINACOL, including about 3 million tons to Yuedian.
Zhai Ruoyu, general manager of China Datang Corp, previously said Datang was considering purchasing coal from overseas markets, such as Vietnam, Indonesia and Australia, since the price may still be lower than the domestic rates, even with transportation costs factored in.
Liu Caiying, deputy director of the China Coal Industry Association, said it was possible that the country’s coal supply might still exceed demand.
The NDRC said that coal stockpiles at Qinhuangdao port was 6.5 million tons, and had increased by 650,000 tons year-on-year; and coal storage at major power plants was 33.1 million tons, a 11.3-million ton rise year-on-year.
Liu said, based on the current economic situation, major coal producing regions like Shanxi and Henan province, should still put a cap on production.
Source: China Trade Information
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Thursday, 30 July 09
KOMIPO OFFERED 3 MILLION MT IN TENDER, TEN TIMES OVERSUBSCRIBED
Korea Midland has received offers for 3 million mt of bituminous steam coal in its latest tender despite the power utility seeking only 300,000 mt, ...
Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increas ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
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- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- VISA Power Limited - India
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- MS Steel International - UAE
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- McConnell Dowell - Australia
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Energy Development Corp, Philippines
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Aboitiz Power Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
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