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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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Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bha ...
Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...
Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...
Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow
Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...
Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes
* S.Korea imports zero
* Hong Kong utilites buy S.African coal
South African coal exports to Asia excluding India a ...
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- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- White Energy Company Limited
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- PTC India Limited - India
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Pendopo Energi Batubara - Indonesia
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Goldman Sachs - Singapore
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- MS Steel International - UAE
- Madhucon Powers Ltd - India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- GMR Energy Limited - India
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
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