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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 tonne in 2010 from around $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...
Monday, 14 December 09
SOUTH AFRICAN STEAM COAL PRICES FIRMING UP FOR Q1 TRADE
Reuters reported that Q1 South African coal prices firmed again slightly largely on Asian demand but European delivered prices were little changed.
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Sunday, 13 December 09
THE FREIGHT MARKET SEEMS TO BE COMING OFF A BIT AND THE MARKET MAY BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com (Singapore): "The market softened this week especially in the Cape and Panamax segment , where as the Supramax and Handy size was ...
Sunday, 13 December 09
NAPOCOR CUTS COAL IMPORT PROJECTION FOR 2010
STATE-RUN National Power Corp. slashed its planned coal importation for 2010 to only 200,000 metric tons from 3.4 million MT this year, as the gover ...
Sunday, 13 December 09
CHINESE BUYERS SEEK LARGE TONNAGE OF SOUTH AFRICA STEAM COAL
Reuters reported that Chinese utilities on the coast and inland are seeking several cape cargoes each of South African coal for 2010 delivery becaus ...
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- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Australian Coal Association
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Simpson Spence & Young - Indonesia
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
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