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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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Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays.
BDI INDEX
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Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme.
"With th ...
Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...
Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010
* Logistics woes hamper SAfrica exports, India imports
India's steam coal imports ar ...
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 ...
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- Parliament of New Zealand
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Deloitte Consulting - India
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Indogreen Group - Indonesia
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
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