We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
 Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bottom in the early part of this year have been rising since. Thermal coal dropped sharply last year hitting a trough in January before staging a small recovery in the spring only to slide back in the second quarter.
China, not surprisingly, is the world’s largest producer and consumer according to China Coal Resources. Coal producers and consumers have been locked in negotiations over the contract price which has made producers cautious about raising production, so consumers have turned to the international market and imports soared in Q2 to 16.1m tons per month as power production has risen. Since then, imports have dropped in July to 13.9m tons and again to 11.774m tons in August but stocks at ports are still relatively low and electricity production is up for the year as the country enters the colder peak winter months. This compares to a monthly average of 3.4m tons in 2008.
To what extent China will maintain this level of consumption and in particular imports remains to be seen. China Coal Resources predicts demand will remain strong due to continued industrial growth and the coming winter months of peak demand, but some observers believe the fading effects of the H1 stimulus package will reduce demand across the economy. Power station stocks are said to be lower now than in the Q2 so unless the domestic producers raise production and reduce prices to compete with imports it is unlikely China demand on regional suppliers is going to diminish significantly in the last quarter.
After falling steadily this year global spot prices as reflected at Australia’s Newcastle terminal climbed in mid September reflecting the strong demand. Recently, China’s Ministry of Finance unveiled measures to release special funds to support the shutdown of small coal mines. Local governments will get financial support from the central government to speed up the rationalization and closure of small mines notorious for their poor safety record. The remaining state mines will then be able to consolidate their hold on the domestic thermal coal market around the whole country. Their primary focus will be to maximise returns which means they will aim to keep both capacity utilization and prices optimized. Imports will therefore probably remain robust and on the back of that, Asian prices for thermal coal can be expected to rise during the winter.
Source: Ag Metal Miner
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...
Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...
Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...
Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...
Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
|
|
|
Showing 6351 to 6355 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Jindal Steel & Power Ltd - India
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- MS Steel International - UAE
- Siam City Cement - Thailand
- White Energy Company Limited
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- McConnell Dowell - Australia
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Australian Coal Association
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Planning Commission, India
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
|
| |
| |
|
