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Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domestic consumption following an economic recovery.
Purchases rose 7 percent to 12.55 million metric tons last month from August and were more than triple what the country imported a year earlier, according to data from the customs office in Beijing today.
“The economy is improving, electricity demand is improving and so domestic demand for coal is bouncing back,” said Li Dagang, a coal analyst at Essence Securities Co. in Shanghai.
China’s demand for coal, used to generate 80 percent of the nation’s power, is rising amid government stimulus spending that drove third-quarter gross domestic product growth to its fastest pace in a year.
Net coal imports rose 7 percent to 10.53 million tons in September from a month earlier as exports reached 2.02 million tons, according to today’s data. Imports had declined in July from a month earlier after the country re-opened small mines to meet rising demand spurred by the economic recovery.
Net exports of diesel fell to 168,386 tons last month from 215,000 tons in August, according to the customs data. China has been a net exporter of diesel since December after a slower economy curbed consumption. Exports declined 26 percent to 293,759 tons from a month earlier while imports dropped 30 percent to 125,373 tons.
China’s gasoline exports fell to 505,505 tons from 518,538 tons in August. The nation didn’t import the motor fuel last month.
Record LNG
Liquefied natural gas imports climbed to a record 788,514 tons last month. Imports of the fuel, used mainly to generate electricity, more than doubled from a year earlier, today’s customs data showed.
China bought 495,243 tons of LNG from Australia, 126,679 tons from Indonesia, 104,396 tons from Malaysia and 62,197 tons from Nigeria. Imports had reached 668,232 tons in July, when demand rose during the summer consumption.
Crude oil imports fell to 17.2 million tons from August’s 18.47 million tons, confirming preliminary data released on Oct. 14. Net crude oil imports last month fell to 16.81 million tons, according to the data.
Source: Bloomberg
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Friday, 23 October 09
AUSTRALIA APPROVES CHINESE TAKEOVER OF FELIX RESOURCES
* Australia give conditional approval to China's Felix deal
* Chinese owner must list the assets on Australian exchange
Reuters reported that, ...
Friday, 23 October 09
IVANHOE TARGETING 20 MILLION TONS OF COAL OUTPUT IN MONGOLIA
Bloomberg reported that, Ivanhoe Mines Ltd., developing a $4 billion copper and gold mine in Mongolia with Rio Tinto Group, is targeting long-term c ...
Friday, 23 October 09
XSTRATA PLANS $1BN AUSTRALIAN COAL PORT
Xstrata Plc, the world's biggest exporter of steam coal, plans to build a new $1 billion coal port in Australia, it said.
The proposed Balaclava ...
Friday, 23 October 09
MEXICO'S CFE SEEKS 6.24 MLN T COAL FOR 2010-12
Reuters reported that, Mexico's state-owned power monopoly plans to award a tender for 6.24 million tonnes of steam coal in December, according to ...
Friday, 23 October 09
CIL PRICE HIKE LIKELY TO PUSH POWER RATES UP
Business-Standard reported that, May squeeze cement companies’ margins, but the steel sector is unlikely to be affected much.
The upward re ...
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- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Australian Coal Association
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- The University of Queensland
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Power Finance Corporation Ltd., India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
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