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Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T
 * China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets
Asian imports of steam coal will rise to 460 million tonnes this year from roughly 400 million tonnes in 2009, which will boost prices, a coal consultancy said on Wednesday.
Demand for coal by far outstrips supply in countries like India and China, which are largely reliant on coal to feed their power industries, and heightens their reliance on imports from countries such as South Africa, one of the top producers of the commodity.
Gerard McCloskey, head of the consultancy, told a coal exports conference in Cape Town most South African coal may be going to Asia this year.
"This year the feeling is that 75 percent of South African coal may be going to Asia ... I don't know where the coal is going to come from to satisfy the market," he said.
India was the biggest single buyer of South African coal in 2009, accounting for 22-35 percent of monthly exports throughout the year, and is hungry for more to feed its burgeoning power needs.
South Africa shipped just 61 million tonnes of coal last year, despite an export terminal capacity of 76 million tonnes, because of a lack of adequate railway infrastructure to transport the resource to the port.
There are already enquiries from India and China for far more coal than is available for the first quarter of the year, making a scramble among buyers and an increase in prices inevitable, producers say.
| "China will continue to dominate... understanding China will help us understand what is happening to the market," - Gerard McCloskey |
McCloskey said China alone, which produced nearly 2.9 billion tonnes of coal in 2009, will need as much as 5-7 billion tonnes in the 2020s to feed its rising demand.
China is the world's largest coal producer but became a net importer last year when the price of domestic coal outstripped that of imported coal.
China is expected to import up to 100 million tonnes of steam coal in 2010 and up to 70 million tonnes of coking coal, he said.
"China will continue to dominate... understanding China will help us understand what is happening to the market," he said.
McCloskey said India and China would also seek to invest in coal assets in various regions, including southern Africa.
Source: Reuters
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Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY
The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...
Thursday, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...
Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...
Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...
Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...
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- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Planning Commission, India
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Commonwealth Bank - Australia
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
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