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Wednesday, 03 February 10
CHINA'S MAIN COAL PRICES FALL AS WINTER DEMAND EASES
Weekly coal prices at China's Qinhuangdao port, a benchmark in the world's biggest producer and consumer of the fuel, fell for the first time in seven months as winter demand began to ease. Prices for coal with an energy value of 5,500 kilocalories a kilogram dropped to between 790 and 800 yuan ($117) per metric ton as of today from between 800 and 810 yuan a week earlier, data from the China Coal Transport & Distribution Association showed. That's the first decline since July 6.
China faced its coldest winter in at least 50 years as heavy snowfalls snarled overland coal transportation and high winds shut Qinhuangdao, from which the nation ships half of its seaborne coal. Coal prices at the port had increased 25 percent over the last three months, data from the association showed.
| “China, the world's second-biggest energy consumer may continue to face a coal shortage until the end of March 2010” |
"Eight hundred yuan will be the peak because the worst of the winter is over," David Fang, a director at the association, said by telephone in Beijing
today. "Demand will fall toward the Lunar New Year as factories close for the holiday."
The world's second-biggest energy consumer may continue to face a coal shortage until the end of March because of heightened winter demand, the government said on Jan. 25. China relies on coal for about 80 percent of its power output.
The nation may consume between 4 and 6 percent more coal this year, or about 3.4 billion tons, on continued economic growth, China Securities Journal said on Dec. 28, citing a forecast from the China National Coal Association.
Source: Bloomberg / Hellenic Shipping News
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Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...
Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...
Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...
Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...
Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders
* End-users wait for price falls before tendering
Indian coal traders responsible for the bulk of ...
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- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Business Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- White Energy Company Limited
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- VISA Power Limited - India
- Eastern Coal Council - USA
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- The University of Queensland
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Australian Coal Association
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Toyota Tsusho Corporation, Japan
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Commonwealth Bank - Australia
- PNOC Exploration Corporation - Philippines
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
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