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Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS
Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. said.
Supply of the steelmaking raw material will fall short of demand by 27 million metric tons next year, a gap that will be filled by imports, Citigroup analysts Catherine Wang and Thomas P Wrigglesworth said in a Dec. 4 report.
China’s $586 billion stimulus spending has boosted steel demand from property developers and automakers. Steel output in China may rise 14 percent to 570 million tons this year, Xu Lejiang, chairman of the nation’s biggest producer Baosteel Group Corp., said last week in Beijing.
“Coking coal is our favorite bulk commodity,” the analysts said in the research report. “With limited supply, the sector is set to benefit from high levels of steel production in China.”
Hidili Industry International Development Ltd., southwestern China’s largest producer of coking coal, gained as much as 2.9 percent to HK$9.35 and traded at HK$9.25 at 10:40 a.m. The stock has almost quadrupled this year.
Coking coal demand in China may increase 9 percent to 509 million tons from this year, while production will grow 10 percent to 482 million tons, the report said. The forecast is based on pig-iron production of 597 million tons next year, according to the report.
Benchmark coking coal prices have risen 10 percent since May to 1,260 yuan a ton in Pingdingshan, according to industry researcher Steelhome. Pingdingshan, a city in China’s central Henan province, holds China’s largest reserves of coking coal.
Source: Bloomberg
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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 ...
Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese co ...
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% ...
Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 mi ...
Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and
othe ...
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- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- LBH Netherlands Bv - Netherlands
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Planning Commission, India
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- The University of Queensland
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
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