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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$9.25 at 10:40 a.m. The stock has almost quadrupled this year.
Coking coal demand in China may increase 9 percent to 509 million tons from this year, while production will grow 10 percent to 482 million tons, the report said. The forecast is based on pig-iron production of 597 million tons next year, according to the report.
Benchmark coking coal prices have risen 10 percent since May to 1,260 yuan a ton in Pingdingshan, according to industry researcher Steelhome. Pingdingshan, a city in China’s central Henan province, holds China’s largest reserves of coking coal.
Source: Bloomberg
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Friday, 20 November 09
INDONESIAN CO PLANS JV WITH NAGARJUNA
Economic Times reported that, Infrastructure firm Nagarjuna Constructions Company (NCC) is set to form a joint venture with an Indonesian coal minin ...
Thursday, 19 November 09
S. KOREA TO BUY COAL FROM CHINA FOR US$ 85-90/T IN 2010
Head of one S. Korea power company on November 18 unveiled that S. Korea’s power companies may purchase coal from China at the contract price ...
Thursday, 19 November 09
SNAPSHOT OF INDONESIA'S COAL INDUSTRY - FACT BOX BY REUTERS
Indonesian plans to cap coal exports to meet domestic demand will not hit global supplies in the near term, but could start to bite in three to five ...
Thursday, 19 November 09
INDONESIA COAL EXPORTS CURB WILL TAKE TIME TO BITE
Indonesia's plans to cap coal exports to satisfy demand at home are unlikely to crimp global supplies for as long as five years, when new power pla ...
Thursday, 19 November 09
THE GOVERNMENT TO GUARANTEE COAL SUPPLIES FOR POWER PLANTS
The government guarantees coal supplies for power plants under a 10,000 MW-capacity power plant construction acceleration program.
Minister of En ...
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- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Latin American Coal - Colombia
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Bhatia International Limited - India
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Meralco Power Generation, Philippines
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- The University of Queensland
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