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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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Tuesday, 14 July 09
NEWCASTLE WEEKLY COAL EXPORTS RISE 11%; SHIP QUEUE DECREASES
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 11 ...
Monday, 13 July 09
EXPORT COAL PRODUCTION FROM MOOIPLAATS COULD START IN NOVEMBER
Mining Weekly reported that, South Africa-focused emerging miner Coal of Africa (CoAL) has completed a revised mining layout for its Mooiplaats ...
Monday, 13 July 09
NAPOCOR AWARDS 195,000 T COAL TO INDONESIAN FIRMS
ABC-CBN News reported that, Philippine electricity producer National Power Corp (Napocor) has awarded 195,000 tons in coal supply contracts to two I ...
Monday, 13 July 09
PAKISTAN TO IMPORT ABOUT 2.4 MILLION TONS OF INDONESIAN COAL AND 1.6 MILLION TON OF SOUTH AFRICAN COAL WITHIN NEXT 12 MONTHS
COALspot.com (Pakistan) : Pakistan has exported well over 12 million tons of cement while local sales have dropped a bit with the result 33 million to ...
Monday, 13 July 09
COAL SECTOR IN VIETNAM INCREASE THE TARGET 43 MILLION TONNES THIS YEAR
Asian Mining Stock reported that, there was a change in a very good Coal Mining Industries Group (TKV) that Vietnam has decided to increase coa ...
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- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Jaiprakash Power Ventures ltd
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- The University of Queensland
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- White Energy Company Limited
- The State Trading Corporation of India Ltd
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- London Commodity Brokers - England
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Altura Mining Limited, Indonesia
- Bangladesh Power Developement Board
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