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Thursday, 03 December 09
JAPAN 2010 COAL IMPORTS SEEN FLAT, INDIA'S ROBUST - INDUSTRY
* Japan's demand seen steady in 2010 at 110 mln tonnes
* India's demand seen as robust, at 70 mln tonnes
Reuters reported that, Thermal coal imports by Japan, the world's largest steam coal buyer, may be flat in 2010 on doubts over a recovery while India's imports are expected to be robust, buyers and analysts said on Thursday.
Masaru Igawa, senior manager, business development group at J-Power, said Japan's thermal coal imports in 2010 would be unchanged from this year's figure, at about 110 million tonnes, compared with about 124 million tonnes in 2008.
"We expect coal imports will be the same (as this year) because there are some factors like economy recovery," Igawa said on the sidelines of McCloskey Asia Pacific Coal Outlook Conference in Bali.
Japanese electricity wholesaler J-Power or Electric Power Development Co is Japan's biggest coal user.
The Australian Bureau for Agriculture and Resource Economics (ABARE) in its September forecast said that Japan's thermal coal imports were estimated to fall 10 percent in 2009 to 115 million tonnes, and to see little growth next year because of the subdued economic environment and possible higher use of nuclear power.
Environmental issues are another factor that may affect Japan's coal imports next year, Igawa said.
Japan's prime minister, Yukio Hatoyama, has pledged to target a 25 percent cut in greenhouse gas emissions from 1990 levels by 2020, despite opposition from industry, which says the goal will hurt the economy.
India's demand also will remain robust next year, with one major buyer forecasting that the country will import about 70 million tonnes of coal in 2010.
"India's coal import volumes have grown as large as China's and are exhibiting higher growth. Lack of infrastructure support this trend," Andreas Bokkenheuser, mining and commodities analyst at UBS, said in a research note.
ABARE has forecast India may import 42 million tonnes of coal this year. Demand from India and China helped spot prices for Australian thermal coal to recover from a near two-year low of $58.25 a tonne in late March to around $80 a tonne.
Source: Reuters
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Thursday, 19 November 09
FAST-TRACK FOCUS ON COAL POWER MAY COST INDONESIA BILLIONS
The Jakartaglobe reported that, As it begins to tap its massive coal reserves to generate cheap electricity, Indonesia may face additional costs of ...
Wednesday, 18 November 09
THAI PTT PLANS COAL MINE INVESTMENT IN INDONESIA
* To conclude Indonesian coal mine buy in 6 months
* Sees coal output jumping to 20 mln tonnes in five years
Reuters reported that, PTT , ...
Wednesday, 18 November 09
ASIA-PACIFIC MINISTERIAL CONFERENCE ON PUBLIC-PRIVATE PARTNERSHIPS FOR INFRASTRUCTURE DEVELOPMENT
“Building Asia’s Infrastructure”
COALspot.com (Indonesia) Press Release: Infrastructure Asia 2010 is Asia’s premier infra ...
Wednesday, 18 November 09
AMBUJA COAL TENDER PRICES EQUATE TO $61.50/T FOB
Reuters reported that, coal prices achieved by Indian cement maker Gujarat Ambuja in its early November tender equate to $61.50 a tonne FOB Richards ...
Tuesday, 17 November 09
JSW STEEL MAY SPEND $500 MILLION TO ACQUIRE COAL MINES OVERSEAS
JSW Steel Ltd., India’s third- biggest producer, may spend $500 million buying coal mines overseas, securing supplies for its local expansion. ...
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- Bharathi Cement Corporation - India
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- Africa Commodities Group - South Africa
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- Indian Energy Exchange, India
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- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
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- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
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- Australian Commodity Traders Exchange
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- Global Business Power Corporation, Philippines
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- Economic Council, Georgia
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- Renaissance Capital - South Africa
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- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
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- Jindal Steel & Power Ltd - India
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- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Salva Resources Pvt Ltd - India
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- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
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- Manunggal Multi Energi - Indonesia
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- Directorate General of MIneral and Coal - Indonesia
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- Australian Coal Association
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- White Energy Company Limited
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
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- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
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- Intertek Mineral Services - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
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- PTC India Limited - India
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- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
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- Directorate Of Revenue Intelligence - India
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- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
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- Attock Cement Pakistan Limited
- Planning Commission, India
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- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
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- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Ministry of Mines - Canada
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