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Wednesday, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com (German): Oversupply in the World Market. In 2Q 2009 the steam coal prices sank massive in comparison to the previous years quarter.
The Rotterdam quotation (spot) for steam coal declined from 112 euro / TCE in 2008 to 56 euro / TCE and halved. There with the difference between the German production costs and the world market prices totalled to around 100-120 / TCE again.
Also the prices for CO2 certificates halved in comparison to 2008 and amounted on average at about 14 euro / ton CO2. The market for CO2 certificates is very liquid and the expected weak economic development for the years 2009 and 2010 might cause to a sufficient supply.
The international freight rates sank heavily in the comparable time span, too. The freight rates (capesize spot, route Richards Bay - ARA) decreased from US$ 47 / ton in 2Q 2008 to averaged US$ 14 / ton in 2Q 2009.
In quarterly comparison the German hard coal imports were downward by 16% (2Q 2008 / 2Q 2009).
Coke imports were stable whereas coking coal imports decreased by 37% and steam coal imports by 13%. Altogether 8.3 million ton of hard coal were imported in 2Q 2009. The biggest quantities delivered came from Colombia, Russia and South Africa.
As hard coal at first is an industrial energy, the supply suffered in particular from the general weak industrial demand for electricity and from the steel crisis - Reported by Verein der Kohlenimporteure e.V.
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Thursday, 06 August 09
CASES FILED AGAINST ESSAR ALGOMA OVER TERMINATED COAL SHIPMENTS
Steel Guru reported that, It is reported that units of International Coal Group Inc and Arch Coal Inc have filed federal lawsuits in the same court ...
Thursday, 06 August 09
COMPULSORY MINE RECLAMATION PROPOSED FOR A MINING'S LIFETIME
Tambang reported that, A data from the Forestry Ministry showed that almost 65 percent of mining activities operated under contract of work, c ...
Thursday, 06 August 09
MINING PERMITS FOR THOSE COMMITTED TO SMELTER DEVELOPMENT ONLY
Tambang reported tht, Concrete and tangible endeavors are key to guarantee the attainment of added value from mining sector. The Indonesian Ministry ...
Thursday, 06 August 09
PRESS RELEASE - CZECH COAL CONTESTS THE J&T AND IPO MERGER
Prague, 3 August 2009 - The Czech Coal Group filed today objections to the proposed merger of the J&T Group and International Power Opatovice (I ...
Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. Th ...
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- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Grasim Industreis Ltd - India
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Posco Energy - South Korea
- London Commodity Brokers - England
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Australian Coal Association
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Interocean Group of Companies - India
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Goldman Sachs - Singapore
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