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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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Thursday, 13 August 09
RIO PREPARES COAL IPO AFTER FAILING TO FIND BUYER
Bloomberg reported that, Rio Tinto Group, the world’s third- largest mining company, is preparing an initial public offering for its U.S. ...
Thursday, 13 August 09
NOBLE'S PROFIT DOUBLES ON GLOUCESTER COAL ACQUISITION
Bloomberg reported that, Noble Group Ltd., a Hong Kong-based supplier of raw materials from soybeans to coal, said second- quarter profit more than ...
Thursday, 13 August 09
CHINA COAL-PRICES UNCHANGED, BUT LIKELY TO MOVE HIGHER
Alibaba reported that, Spot coal prices in China's top coal port Qinhuangdao were unchanged from a week earlier, but are still looking bullish in t ...
Thursday, 13 August 09
INDONESIA'S BERAU COAL SEES 2010 OUTPUT UP 16 PCT
Reuters reported that, Indonesia's fifth-largest coal miner, PT Berau Coal, expects 2010 production to be nearly 16 percent higher than this year, ...
Thursday, 13 August 09
JAYPEE GROUP. L&T INK RS 4,000-CRORE (US$ 824,818,084) DEAL
Second order bagged by L&T in the supercritical segment.
Jaiprakash Power Ventures Ltd (JPVL), promoted by the $7-billion Jaypee group, has s ...
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- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Planning Commission, India
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- SMC Global Power, Philippines
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
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