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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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Wednesday, 22 July 09
TAIPOWER RECEIVES 37 OFFERS IN TENDERS
State utility Taiwan Power has received offers for 37 panamax cargoes of bituminous and sub-bituminous coal in two tenders involving 12 panamax ship ...
Wednesday, 22 July 09
PRIME MINISTER APPROVAL SOUGHT TO HIKE COAL PRICES IN INDIA
PTI reported that decrying the low prices of the industrial fuel, the coal ministry will approach Dr Manmohan Singh PM of India next month for raisi ...
Tuesday, 21 July 09
BHATIA SAYS GETS ORDER FOR 800,000T COAL FROM KPCL
Reuters reported that, Indian traders Bhatia received on Tuesday a purchase order for 800,000 tonnes thermal coal at $63.00 C&F from Karnataka P ...
Tuesday, 21 July 09
NZ'S PIKE RIVER SAYS SELLS COAL AT $128 PER TONNE
Reuters reported that, New Zealand miner Pike River Coal said on Tuesday it had sold its premium hard coking coal at $128 a tonne for the curr ...
Tuesday, 21 July 09
NEWCASTLE COAL EXPORTS FALL 5%, SHIP QUEUE INCREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, fell 5 per ...
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- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- VISA Power Limited - India
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Pendopo Energi Batubara - Indonesia
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- McConnell Dowell - Australia
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
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