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Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to domestic users from the fourth quarter of 2009, effectively ending its subsidy on the fuel.
As per report, the government had authorized Vinacomin to sell coal to domestic users on a negotiable and market oriented basis. However, prices should still be about 5% to 10% lower than export prices.
At present domestic power plants buy coal from Vinacomin at about USD 26 to USD 27 a tonne or 70% of the miner's production cost and about half of July's average export price of about USD 54 a tonne.
Ministry of industry & trade said that domestic coal consumption in the first seven months totaled 11.2 million tonnes, up by 1.8% YoY, with purchases by power plants, the biggest coal users, dropping 7% to 3.64 million tonnes.
Vietnam is a key coal supplier to China and Japan. Total exports in the January to July 2009 period fell by 2.8% YoY to 14.2 million tonnes as it moved to save more of the fuel for domestic consumption.
Source: VN Business News
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Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...
Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...
Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...
Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs
Live mint.com reported that, India’s largest power generation utility ...
Thursday, 06 August 09
CHINA JULY COAL IMPORTS AT 9.5 MLN T, DEMAND FIRM
* Coal imports at key ports in July 2.8 times year-ago levels
* July coal imports down nearly 40 percent from June
* China still buying overseas c ...
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- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Posco Energy - South Korea
- Minerals Council of Australia
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Parry Sugars Refinery, India
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
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