We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 30 December 09
INDIA CEMENTS TO FINALIZE 3 SHIPMENTS OF SOUTH AFRICAN COAL NEXT WEEK
COALspot.com (India): India Cements is looking for 3 shipments (150,000MT) of South African coal for January – March 2010 delivery on C ...
Wednesday, 30 December 09
BANPU EXPECTS STABLE COAL PRICES
2009 revenue growth will be hard to beat
Banpu Plc, Asean's largest coal miner, expects coal prices to stay firm at about US$80 per tonne in the f ...
Wednesday, 30 December 09
CIL DELISTS JAGUAR ENERGY FOR KODA LINKS
Coal India Ltd (CIL) has dropped Indonesia-based Jaguar Energy & Power Ltd from the list of companies, it intended to forge partnerships with to ...
Wednesday, 30 December 09
COAL PRICE RISE REQUEST DENIED
A proposal by the Viet Nam National Coal and Mineral Industries Group to double the price of coal has been turned down by the Ministry of Industry a ...
Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...
|
|
|
Showing 6131 to 6135 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- The University of Queensland
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Planning Commission, India
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Antam Resourcindo - Indonesia
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Bharathi Cement Corporation - India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Dalmia Cement Bharat India
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Oldendorff Carriers - Singapore
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
|
| |
| |
|