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Friday, 24 July 09
INDIA TAKES 9 MILLION TONNES S. AFRICAN COAL JAN - JUNE
 Reuters reported that, India accounted for nearly 9 million tonnes of South Africa's January-June exports of around 28 million tonnes, industry sources said on Thursday.
An average of 30 percent of South Africa's coal exports have been absorbed by India so far this year. This marks a significant shift from two years ago before Indian demand began booming when almost all South African coal went to Europe.
If the current strong pace of demand continues, India could import 18 million tonnes from South Africa in 2009, up from around 10 million in 2008, industry sources said.
"There is potential that (South Africa) will export a lot more into India this year than last year ... there are good signs from India and there is more appetite," said Anglo Coal South Africa Chief Executive Officer Ben Magara last week.
India is a totally price-driven market, Indian traders and South African coal suppliers said on Thursday. End-users buy whatever coal is cheapest on a delivered basis.
"Indonesian coal is too expensive now. The sellers want the same price as Newcastle coal - over $70.00 for good quality material. South African is definitely preferred at present," one major Indian coal importer said.
In comparison, prompt South African coal cargoes are trading at around $62.00 a tonne FOB Richards Bay.
India's burgeoning power generation need is mostly coal-fuelled and reliant upon low-quality Indonesian imports.
Indian cement makers and sponge iron producers prefer South African coal for its quality but will turn to the cheapest origin at any given time for spot buying.
At the beginning of the year India's demand for South African coal was forecast to rise to 12 million tonnes from 10 million last year to supply cement and sponge iron producers.
But if Indonesian coal continues to trade at a much higher price than South African the demand will be substantially higher for South African than previously thought.
THE GROWTH MARKET
"If you look at the vessels which have been arriving at Richards Bay in recent months, a large proportion of them are the 50,000 tonne handymaxes used by the Indian market," one industry source said.
"Indian imports could be double this year. India is the growth market," he added.
South African coal exports to Northwest Europe have been falling in recent months, coal terminal sources in Amsterdam and Rotterdam said on Wednesday.
Shipments to Amsterdam-Rotterdam-Antwerp were less than 6 million tonnes in Jan-June this year, industry sources said.
Coal stocks in ARA are close to capacity due to falling industrial power demand and extremely heavy utility stock-building in Q2.
Without the unprecedented Indian demand, South African coal producers would have struggled to place unsold spot tonnages in the European market.
Indian demand has kept South African FOB Richards Bay prices at close to parity with the price of coal cargoes delivered into Europe during the past few months.
Source: Reuters
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Friday, 17 July 09
THE NEW LAW OF MINERAL AND COAL MINING NO 4/2009 CREATE CONDUCIVE CLIMATE OF INVESTMENT IN INDONESIA
COALspot.com (Indonesia): The new Law of Mineral and Coal Mining No 4/2009, which replaces the old mining law No. 11/1967 has been signed by the Pre ...
Friday, 17 July 09
INDIA COAL TRADERS MUST OWN POWER, MINES - C&O BOSS
· Coal traders need to diversify to grow
· Coastal Energen to build first merchant power plant
· Tamil Nadu to see st ...
Friday, 17 July 09
CHINA SHENHUA ENERGY'S COAL OUTPUT SWELLS 17.6% IN H1
China Knowledge reported that, China Shenhua Energy Co Ltd, which is engaged in the coal mining, power generation and transportation businesses, on ...
Thursday, 16 July 09
CHINA ISSUES SECOND BATCH OF '09 EXPORT QUOTAS
China has issued 25 million tonnes of coal export quotas for the second batch this year, the National Development and Reform Commission said Wednesd ...
Thursday, 16 July 09
NTPC TO ENGAGE BANKERS TO ACQUIRE OVERSEAS COAL MINES
The Hindu reported that, State-run power generation company NTPC said it would appoint merchant bankers next month for acquiring coal mines identifi ...
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- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- International Coal Ventures Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- CNBM International Corporation - China
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Madhucon Powers Ltd - India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
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