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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 $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Sunday, 22 November 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AT US$ 25,000/26,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR ANALYSIS
COALspot.com (Singapore): Analyised by Capt. Radhakrishnan Reddy, Managing Director of Vistaar Shipping Services, Singapore.
BDI hits a new high ...
Friday, 20 November 09
INDONESIA UNITED TRACTORS PLANS $430 MLN CAPEX IN 2010
Reuters reported that, Indonesian heavy equipment distributor and mining contractor PT United Tractors Tbk plans capital expenditure of $430 million ...
Friday, 20 November 09
DRY BULK SHIP OWNERS HOPE RALLY WILL LAST
Boon times are still on the daily agenda of every dry bulk ship owner these days after one of the toughest year in the industry’s century-old ...
Friday, 20 November 09
NTPC LOOKING FOR LONG TERM CONTRACTS FOR COAL IMPORT
Business Standard of India reported that, State run power firm NTPC today said it is looking for long-term supply of coal from overseas market to me ...
Friday, 20 November 09
CHINESE COKING COAL SUPPLY TO BE 'TIGHT' IN 2010, KGI SAYS
Bloomberg Reported that, Stephen Wang, an analyst with KGI Securities in Taipei, comments on the outlook for Chinese steel production and demand for ...
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- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- ASAPP Information Group - India
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Eastern Energy - Thailand
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Australian Coal Association
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
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