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Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 million mt, up 220 percent year on year. On the other hand, from January to October inclusive, China's total coal imports reached 96.83 million mt.
Thus, the country's coal imports in 2009 look certain to break the 100 million mt barrier; it is estimated that the import volume for the year will reach 109.08 million mt, marking an increase of around 170 percent year on year. Meanwhile, some analysts have commented that, since the coal prices in the international market are likely to grow faster than prices in the domestic market, China's coal imports will show a reduction next year.
From the fourth quarter of 2008, world energy demand slumped significantly due to the economic recession, with international coal prices falling down from high levels. By the end of March 19 this year, the spot price of Australian BJ steam coal had dropped to $61.5/mt from the peak level of $190.95/mt on July 3, 2008.
With the Chinese coal prices consistently higher than the international levels, China's coal imports have soared dramatically in 2009, while the export volume has indicated a rapid decline.
According to the latest figures from the National Bureau of Statistics, China's raw coal production amounted to 2.42 billion mt in the January-October period, up 11.4 percent compared with the same period last year. If no great changes are seen in the last two months of this year, overall domestic coal production will reach 2.9 billion mt for the whole year.
Taking the net import volume into consideration, apparent coal consumption in China is expected to approach 3 billion mt in 2009.
Source: SteelOrbis / Alibaba
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Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per ...
Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese co ...
Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% ...
Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
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- Mercator Lines Limited - India
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- White Energy Company Limited
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
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- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- Bukit Makmur.PT - Indonesia
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Wilmar Investment Holdings
- PTC India Limited - India
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Metalloyd Limited - United Kingdom
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