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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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Thursday, 29 October 09
PTC INDIA UNIT CHASES 2.5 MTPA INDONESIAN COAL
Reuters reported that, PTC Energy is in talks with an Indonesian firm to source 2.5 million tonnes per annum (MTPA) coal for its 350-400 MW power to ...
Thursday, 29 October 09
CHINA MAY SEEK THERMAL COAL ELSEWHERE IF AUSTRALIAN EXPORT COSTS RISE, SAYS REPORT
The Australian reported that, CHINA is likely to turn to alternative markets for thermal coal if the cost and availability of Australia's exports a ...
Thursday, 29 October 09
CURRENCIES, ASIA DEMAND TO LIFT EUROPE COAL PRICE
Supportive currency movements and strong Asian demand mean the price of coal delivered into Europe is poised to rise more than 30 percent to above $ ...
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE
Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a ...
Wednesday, 28 October 09
MIDDLE EAST COAL EYEING INDIAN POWER PLANTS IN EXCHANGE FOR LONG TERM COAL SUPPLY
Reuters reported that UAE's Middle East Coal is in talks to buy equity stakes in India's power plants in exchange for long term coal supply.
ME ...
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- Mintek Dendrill Indonesia
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