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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 fuel, rose for a second week on Indian buying and as rising domestic need potentially curbed supply.
Export prices at the port gained 60 cents, or 1 percent, to an average of $61.40 a metric ton in the week ended Oct. 2, according to McCloskey Group Ltd. They are 54 percent down for the past 12 months on weaker European power demand as companies cut jobs and output because of a recession. Demand may revive after Germany and France returned to growth. Europe gets more coal from South Africa than any other single source.
“Indians are still willing to buy,” Manqoba Madinane, an analyst at Standard Bank Group Ltd. in Johannesburg, said by phone. “There is also a sense of increased demand within the country, so I would suggest there’s probably less to export.”
South Africa’s electricity demand has returned to a level last seen before the recession, Business Report said today, citing Andrew Etzinger, spokesman for Eskom Holdings Ltd., the state-owned power utility. India, facing a coal shortfall, may increase imports to 60 million tons in the year ending March compared with 57 million tons a year earlier, N.C. Jha, a director at Coal India Ltd., told reporters in New Delhi today.
RBS Global Banking & Markets raised forecasts last week for thermal coal to generate power and coking coal to make steel, citing higher-than-expected production costs.
Thermal Coal
Thermal coal will sell for $75 a ton in the year ending March 31, 2011, up from a previous $70 estimate, Warren Edney, an analyst in Sydney, wrote in a report dated Oct. 1. Coking coal will sell at $150 in the period, 15 percent more than the earlier forecast, he said.
Richards Bay exported 5.59 million tons of coal in August, 5.9 percent more than a year earlier, the terminal said in an e- mailed response to questions on Sept. 3. At its current shipment rate, it will export 58.5 million tons of coal in 2009, compared with capacity of 76 million tons and shipments of 61.79 million tons last year.
The terminal is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc.
Power-station coal prices at the Australian port of Newcastle, a benchmark for Asia, rose 0.2 percent to $69.85 a ton in the week to Oct. 2, according to the globalCOAL NEWC Index. While Richards Bay is the world’s biggest coal-export terminal, Newcastle ships more of the fuel from two terminals.
Source: Bloomberg
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Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
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- Kartika Selabumi Mining - Indonesia
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- PTC India Limited - India
- MS Steel International - UAE
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Chettinad Cement Corporation Ltd - India
- Therma Luzon, Inc, Philippines
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- The University of Queensland
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- ASAPP Information Group - India
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Deloitte Consulting - India
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