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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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Wednesday, 28 October 09
INVESTMENT IN MINING SECTOR HAMPERED BY LATE REGULATIONS
The Jakarta Post reported that, Indonesia may have to wait for a potential massive inflow of new investment into the mining sector due to delays in ...
Tuesday, 27 October 09
CHINA'S SEPT. COAL IMPORTS RISE AS ECONOMY RECOVERS
Bloomberg reported that, China, the world’s largest coal user and producer, increased imports of the fuel in September to meet rising domest ...
Monday, 26 October 09
DARWIN EYES PRIVATE INVESTMENT
The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the reali ...
Sunday, 25 October 09
THE FUTURE FREIGHT MARKET IS EXPECTED TO HAVE POSITIVE DIRECTION - VISTAAR
COALspot.com (Singapore): According to Vistaar Shipping an experienced ship operator in Singapore, the BDI shot up this week (19-24 October) by abou ...
Saturday, 24 October 09
NTPC SEEKS ALTERNATE COAL SUPPLY FOR KAHALGAON
State-run NTPC is looking at alternate sources of coal to fire its Kahalgaon (Bihar) and Farakka (West Bengal) and power stations, which are facing ...
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