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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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Saturday, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points.
The cape and panam ...
Saturday, 08 August 09
SULTAN MINING SIGNS P8-BILLION, 10-YEAR COAL-SUPPLY CONTRACT WITH KEPCO POWER CORP.
COAL developer Sultan Mining and Energy Development Corp. (SMEDC) reported on Thursday that its subsidiary MG Mining and Energy Corp. signed an P8-b ...
Friday, 07 August 09
NEED TO HIKE DOMESTIC PRICES - COAL INDIA
WSJ reported that, The chairman of Coal India Ltd., the country's biggest coal producer, Friday said there was a need to hike domestic coal prices ...
Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
PTBA to Produce 13 Million Tons
President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company th ...
Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
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- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
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