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Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
* Imports of heating coal in July up 3.7 percent on year
* LNG imports in July fall for seventh straight month
Alibaba reorted that, South Korea's imports of heating coal in July rose 3.7 percent from a year earlier, customs data showed on Monday.
South Korea imported 8.97 million tonnes of coal in July, up from 8.65 million tonnes a year earlier, the Korea Customs Service said.
However, the country imported a total of 50.34 million tonnes in the first seven months of this year, down 5 percent from the same period last year, the data showed.
While the country's coal imports for July rose from a year earlier, imports of liquefied natural gas (LNG) in July fell for the seventh consecutive month from a year ago due to high stocks and low demand from local utilities, customs data also showed on Monday.
LNG accounts for about 15 percent of power generation in South Korea.
South Korea paid an average of $89.38 per tonne for coal in July, up from $82.64 a month earlier but much lower than $121.54 a year earlier.
Australia shipped the largest volume of coal at 3.83 million tonnes versus 3.44 million tonnes a year ago. Indonesia ranked second, shipping 2.91 million tonnes against 2.61 million tonnes a year ago.
In monetary terms, Australia was also the top exporter of coal, shipping $369.82 million in July, and Indonesia was at $195.81 million.
Source: Alibaba
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Monday, 17 August 09
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...
Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...
Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...
Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...
Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying po ...
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- Singapore Mercantile Exchange
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- Samtan Co., Ltd - South Korea
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- Rio Tinto Coal - Australia
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- Romanian Commodities Exchange
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- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
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