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Tuesday, 22 September 09
AUSTRALIA SEES HIGHER ASIAN THERMAL COAL IMPORTS
* Asia '09 imports to rise 3.5%, vs pvs f'cast of 3.3% fall
* Asia 2010 thermal coal imports expected to rise 6.3 pct
* China to become net importer of thermal coal in 2009
Reuters reported that, Strong demand for thermal coal in China and India will help Asia avoid the first fall in imports for a decade this year, and push import growth even higher in 2010, an Australian government forecast showed on Tuesday.
In an updated quarterly forecast, the Australian Bureau for Agriculture and Resource Economics (ABARE) said demand for imported coal in Asia would rise by 13.6 milion tonnes, or 3.5 percent, to 401.6 million tonnes in 2009.
This compares with its previous forecast in June for a 3.3 percent fall, which would have been the first decline in at least 10 years.
ABARE, the research body for the world's number two thermal coal exporter, also said Asia's steam coal imports in 2010 would increase by 25.4 million tonnes, or 6.3 percent, to 427 million tonnes, up from its previous estimate of 5.3 percent growth.
Thanks to improved regional demand and new port capacity, ABARE has significantly upgraded Australia's thermal coal exports, estimating it to increase 2.6 percent from a year ago to 140 million tonnes in 2009/10. It had expected Australian exports to fall 6 percent to 122.5 million tonnes in 2009/10 in its June report.
"Over the course of 2009, thermal coal demand in the Atlantic market has been weak, while demand in the Asian market has remained relatively strong, underpinned by increasing imports into China," ABARE said in the report.
Imports from China, the world's largest coal producer and consumer, are expected to jump about 70 percent from a year ago to reach 60 million tonnes in 2009 -- making it a net importer this year by 35 million tonnes, ABARE said. Previously ABARE had said that China, now the world's No. 6 steam coal exporter, would only become a net importer in 2010.
Indian imports are seen rising 24 percent from a year ago to 42 million tonnes in 2009 and reaching 50 million tonnes in 2010, underpinned by the government's plan to double coal-fired electricity generation capacity by 2017.
ABARE also revised up its thermal coal import forecasts by Japan, the world's largest steam coal buyer, estimating a 10 percent fall in 2009 to 115 million tonnes, compared with its June forecast of a 14 percent decline. Japan's thermal coal imports are expected to see little growth in 2010 due to a subdued economic environment and possible higher use of nuclear power, the agency said.
In South Korea, ABARE said growth in the country's steam coal imports is seen slowing in 2010, after a forecast 7 percent increase to 81 million tonnes this year on the back of new coal-fired power plants coming onstream.
"The program to expand coal-fired generation capacity was largely completed in the first half of 2009 and limited new capacity is scheduled to be completed in the near future," it said.
Source: Reuters
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Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
*Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coa ...
Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
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- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
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- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
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- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
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- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
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