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Friday, 15 January 10
CHINA POWER FIRMS SEEK COAL IMPORTS, SUPPLY SCARCE
China's coal-hungry power plants have turned to imported coal to cope with widespread shortages, but spot supply is scarce, traders said on Thursday.
Coal stocks at China's major power plants edged higher from a week earlier to more than 20 million tonnes, sufficient for eight days of consumption by Wednesday, data by Zhongneng Power Industry Fuel Co and published on sxcoal.com, an industry data website, showed.
But some provinces and regions, including the eastern province of Anhui, central province of Henan, and the region around Beijing were at or below levels for 7 days of consumption, the data showed.
Power plants along the coast or even from inland provinces have been seeking imported coal as domestic supply failed to keep up with high winter demand due to limited production from key coal-producing regions such as Shanxi and transport bottlenecks caused by harsh winter weather.
Operations at ports along the northern China coast were threatened by the worst sea ice floes in three decades, but deliveries of coal from major ports were proceeding normally on Thursday, despite sporadic reports of delay in seaborne coal transportation.
"I've got inquiries from all over the place, including a power plant from inland Jiangxi province," said a coal trader in the southern province of Guangdong, but added that power plants gave up after comparing prices of domestic and imported coal.
Traders said they had few spot cargoes to sell to these power plants and the earliest delivery they could make would be in a few weeks.
"Some power plants wanted to buy one or two cargoes now, but I don't have any to sell to them. The earliest I can deliver will be mid-February or late-February," said a second coal trader based in the southern province of Guangdong.
For power plants along the southeastern coastline of China, imported coal is economic, even though prices of imported coal have rebounded from lows in early 2009. A trader based in eastern China's Jiangsu Province said coal from Indonesia was still about 10 percent cheaper than coal shipped from northern China.
In southern China's Guangzhou port, Indonesian coal with calorific value of 5,000 kcal/kg (NAR) was quoted at about 700 yuan ($102.5), while coal with the same calorific value from northern China was offered at 820 yuan a tonne, sxcoal.com said.
At Qinhuangdao, China's top coal-shipping port, prices of coal of the same grade rose about 4 percent from a week earlier to about 710 yuan a tonne.
But Indonesia, the second-largest source of China's imported coal, is already churning out coal at maximum capacity and unlikely to produce more to meet the appetite from China.
Supply of bituminous coal has been tight as Chinese buyers have been scouting for high-quality coal while rains in East Kalimantan province, Indonesia's key coal producing region on Borneo island, have slowed shipments.
Thanks to sluggish demand elsewhere in the world and cheap freight rates, Chinese buyers have looked for suppliers further afar in the past year, such as Colombia and South Africa.
The second Guangdong-based source said he had just booked two ships of coal from South America, bound to arrive in late February. ($1=6.826 Yuan)
Source: Reuters / Alibaba
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Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...
Friday, 15 January 10
ADARO INDONESIA STILL TOPS IN INDONESIAN COAL EXPORT RANKING
COALspot.com (Indonesia): PT. Adaro Indonesia, the world first Envirocoal producer and Indonesia's second largest thermal coal producer is top coal ...
Friday, 15 January 10
NTPC TO ADD 6,000 MW EACH YEAR IN 12TH PLAN
Will raise total generation capacity to 75,000 Mw by 2017, up from 30,644 Mw at present.
India's largest power generator NTPC, which will launch ...
Friday, 15 January 10
POSCO SAYS 2010 COKING COAL AGREEMENT MAY BE DELAYED - BLOOMBERG
Posco, South Korea’s biggest steelmaker, said an agreement on coking coal prices for this year may be delayed because major suppliers of the s ...
Thursday, 14 January 10
INDONESIA POWER REDUCES COAL SUPPLY
PT Indonesia Power will reduce coal supplies from PT Tambang Batu Bara Bukit Asam to its Suralaya Power Plant. "The coal supply for the plant s ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- South Luzon Thermal Energy Corporation
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Straits Asia Resources Limited - Singapore
- Xindia Steels Limited - India
- White Energy Company Limited
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
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