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Monday, 17 August 09
COAL IMPORTS SURGE IN H1
China is one of the world's leading coal producers. But even so, imports of coal have surged in the first half of the year, hitting a record in June. CCTV reporter tells us how this is putting pressure on the domestic industry.
At Guangzhou's port, workers are busy unloading imported coal, while many other ships wait in queue.
Guangzhou Port Worker said "The imported coal comes from Indonesia, Vietnam, and Australia. Imports have increased significantly since April, and have broken records since May."
Other major Chinese ports are also seeing surging coal imports. The coal producing province of Shanxi is seeing its effects.
Qu Sen, GM of Coal Department of Tianjin Jun'an Coal & Coke Chemical Co. said "Shanxi province was always exporting coal through Tianjin's port. But this year, the port is supplying coal to Shanxi. "
Industry insiders say surging imports will add pressure to the domestic coal industry.
Jiang Zhimin, Deputy Chairman of China National Coal Association said "Rising imports will squeeze the domestic market. With increasing output in the domestic coal industry, supply will exceed demand. Domestic coal enterprises will face some operational difficulties. They may suffer losses, lay offs or salary cuts. This will affect employment in the whole industry."
Statistics from the Ministry of Industry and Information Technology show coal net imports reached 36.6 million tons in the first half of the year. Net imports in June set a monthly record of 16 million tons.
Source: CCTV
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Friday, 21 August 09
HUANENG YIMIN TO HIKE COAL OUTPUT
China Daily, the largest English portal in China reported that, China's first large coal-electricity joint project, Huaneng Yimin Coal Electricity ...
Thursday, 20 August 09
INDONESIA'S DELTA DUNIA BUYS COAL FIRM FOR $550 MLN
* Delta Dunia to acquire BUMA for $550 million
* Expect to complete the deal in the fourth quarter of 2009
* Delta Dunia has appointed Barclays Ca ...
Thursday, 20 August 09
MUNDRA PORT BAGS MORMUGAO PORT COAL TERMINAL DEVELOPMENT CONCESSIONS
NDTV reported that, Mundra Port and Special Economic Zone (Mundra Port) the largest private port in India has won the bid for the development of coa ...
Thursday, 20 August 09
INDONESIA'S BUKIT ASAM SET FOR MINE ACQUISITIONS
* Allocates $150 million for coal mine acquisitions
* Expects one deal to be completed by the end of 2009
Reuters world's largest international ...
Thursday, 20 August 09
INDONESIAN COAL EXPORT LESSENS IN FIRST SEMESTER
Domestic coal use has grown by five million tons.
Viva News reported that, Domestic coal export up until the first half of 2009 decreased by four ...
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- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
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- Eastern Coal Council - USA
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- Petron Corporation, Philippines
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- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- India Bulls Power Limited - India
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- Banpu Public Company Limited - Thailand
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- Electricity Authority, New Zealand
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- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Binh Thuan Hamico - Vietnam
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- Larsen & Toubro Limited - India
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- Formosa Plastics Group - Taiwan
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- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
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- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
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- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
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- Economic Council, Georgia
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- Global Green Power PLC Corporation, Philippines
- The Treasury - Australian Government
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- CNBM International Corporation - China
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- McConnell Dowell - Australia
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- IHS Mccloskey Coal Group - USA
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- Straits Asia Resources Limited - Singapore
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- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
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- Wood Mackenzie - Singapore
- Independent Power Producers Association of India
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- Mercuria Energy - Indonesia
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- Xindia Steels Limited - India
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- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
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- Australian Coal Association
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- Alfred C Toepfer International GmbH - Germany
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- Global Business Power Corporation, Philippines
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- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
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- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
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- Energy Link Ltd, New Zealand
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- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
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- Thai Mozambique Logistica
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- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
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