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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, 16 July 09
JAPAN'S J - POWER STARTS OPS AT NEW 600 MW COAL UNIT
Reuters, a worlds leading news agency reported that, Electric Power Development Co (J-Power) said on Thursday it started commercial operations at it ...
Thursday, 16 July 09
DELIVERY OF COAL MINE EXPLORATION THROUGH NEWCASTLE PORT ROSE 11 PERCENT
July 16th, 2009 Newcastle is a port in Australia that provides services in the delivery of coal from Australia to other countries. Newcastle port ha ...
Thursday, 16 July 09
CIL KEEN ON JOINT VENTURES
* Targets to raise production by 10 m tonnes by 2012
* Plans to tap reserves of abandoned mines
The Hindu, an Indian news paper reported that, t ...
Wednesday, 15 July 09
COAL INDIA INVITES EOI FOR COAL MINING IN FOREIGN COUNTRIES
Economict Tmes reported that, Coal India, a leading PSU with a status of Navratna, today, invited Expression of Interest for selection of strategic ...
Wednesday, 15 July 09
BANGLADESH TO IMPORT COAL FROM INDIA FOR 1 MORE YR
Bangladesh has decided to import coal from neighbour India for another year to save foreign exchange and time, a commerce ministry official said on ...
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- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Interocean Group of Companies - India
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
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