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Sunday, 13 December 09
CHINESE BUYERS SEEK LARGE TONNAGE OF SOUTH AFRICA STEAM COAL
Reuters reported that Chinese utilities on the coast and inland are seeking several cape cargoes each of South African coal for 2010 delivery because the delivered cost is USD 5 a tonne below their usual Australian supply.
South Africa exports have been curbed at around 60 million tonnes this year due to rail restrictions and are unlikely to be much higher next year. India has taken one-third of South Africa coal this year but Indian buyers may have to scramble for Q1 cargoes if the current Chinese enquiries turn into sales.
One trader who sells to Chinese power plants said "They're all asking for it, several capes each, it's all to do with the FOB spread between Australia and South Africa, but it remains to be seen if they'll pay the market price."
A South African coal producer said "The big power companies in China can see that the delivered South African price is lower than Australian and they want to take advantage of that."
China has become a key market for coal producers around the world in 2009. Australia and Indonesia supplied the bulk of imports but utilities have also bought Russian and a small quantity of South African to see if they could use it.
Source: Reuters / Steel Guru
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Saturday, 23 January 10
COAL CAMARADERIE
Union coal minister Shriprakash Jaiswal feels Asian countries should join hands in developing minerals, particularly coal.
At the third Asian Min ...
Friday, 22 January 10
ENERGY ADVISORY COUNCIL MULLS - COAL EXPORT BAN
The National Energy Council, which advises the House of Representatives and the president on energy issues, has begun to debate a proposal to ban ex ...
Friday, 22 January 10
MERCATOR EYES MORE COAL MINES IN INDONESIA
India’s second-largest private shipping company Mercator Lines is looking at acquiring more coal mines in Indonesia as part of its strategy&nb ...
Friday, 22 January 10
BHAKTI ENERGI IN TALKS OVER COAL VENTURES IN KALIMANTAN
PT Bhakti Energi Persada, one of Indonesia’s biggest miners of brown coal, revealed on Thursday that it was in talks to form a joint venture w ...
Friday, 22 January 10
SHENHUA ENERGY 09 YIELDED 210MN TONS COMMODITY COAL
China Shenhua Energy Co., Ltd. yielded 210 million tons of commodity coal in 2009, hiking 13.2% year on year, the Chinese energy titan announced tod ...
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- The University of Queensland
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- ASAPP Information Group - India
- Edison Trading Spa - Italy
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- Timah Investasi Mineral - Indoneisa
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- Gujarat Electricity Regulatory Commission - India
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- Eastern Energy - Thailand
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- Bukit Makmur.PT - Indonesia
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- European Bulk Services B.V. - Netherlands
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- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
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- MS Steel International - UAE
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- Bhushan Steel Limited - India
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- Coal and Oil Company - UAE
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- Medco Energi Mining Internasional
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- Kohat Cement Company Ltd. - Pakistan
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- Tata Chemicals Ltd - India
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
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- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
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- White Energy Company Limited
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- PowerSource Philippines DevCo
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- Karbindo Abesyapradhi - Indoneisa
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- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
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- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
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- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
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- Neyveli Lignite Corporation Ltd, - India
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- Posco Energy - South Korea
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Minerals Council of Australia
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- Bhoruka Overseas - Indonesia
- Jindal Steel & Power Ltd - India
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- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
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- PetroVietnam Power Coal Import and Supply Company
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- The State Trading Corporation of India Ltd
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- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- San Jose City I Power Corp, Philippines
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- Planning Commission, India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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