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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% and 1.3 times over the same period last year, surpassing the full year of 2008’s 2.847mln tons and U.S.$190mln.
In October, coal imports were 395,000 tons valuing U.S.$33.047mln, up by 65.3% and one time, correspondingly.
Under the condition of a reduction 19% in total Fangcheng port importing amount, coal imports always keeps upturn.
Coking coal and anthracitic coal are main import products. Main traders are Australia and Indonesia. As for the continuous influence of global financial crisis, China highly adjust the policies, which efficiently curbs the overall economic environment pick-up, cement, steel and other industries also gradually started to resume production, meanwhile, the sharply increasing power consumption resulted in by the consecutive high-temperature dry weather for late-summer in Guangxi and the coal storage in advance with the approaching of winter greatly boost the coal imports of Fangcheng port.
Source: MetalBiz / Alibaba
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Saturday, 07 November 09
THE STEAM COAL MOVEMENT FROM INDONESIA TO INDIA REMAINED QUITE STRONG - CAPT. REDDY
COALspot.com (Singapore): The BDI continued rising this week and was up by 290 points up by almost 9 pct and the index closed at 3,393 points.
B ...
Friday, 06 November 09
COAL INDIA ABANDONS PLAN TO BUY ASSET IN AUSTRALIA
Coal India’s efforts to acquire a mid-sized virgin thermal coal block from a private party in Australia have drawn a blank.
The effort was ...
Friday, 06 November 09
NEW ASSETS WILL INCREASE COKING AND THERMAL COAL PRODUCTION
Coal and metals processing company Coal of Africa Limited (CoAL) aims to produce 10-million tons a year of coking coal and two-million tons a year o ...
Friday, 06 November 09
NTPC TO APPOINT MERCHANT BANKER FOR S AFRICA COAL MINE
State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker ne ...
Thursday, 05 November 09
MERCATOR LINES AIMS TO BECOME A $5 BILLION COMPANY
Mercator Lines, India’s second largest private sector shipping line, plans to invest and expand, riding India’s next wave of growth, the ...
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