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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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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
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
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 mi ...
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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- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Jindal Steel & Power Ltd - India
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- PTC India Limited - India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
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