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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, 27 January 10
PEABODY ENERGY EYES 'RED HOT' ASIAN COAL DEMAND
US miner Peabody Energy has seen already-strong Asian markets become “red hot”, as demand for metallurgical and thermal coal strains sup ...
Wednesday, 27 January 10
KOLKOTTA BASED POWER UTILITY CESC LOOKING FOR 100,000 MT OF COAL FOR MAY & JUNE DELIVERY
COALspot.com (India): Kolkotta based power utility CESC, the flagship company of the diversified RPG group of India, has issued a closed tender to b ...
Tuesday, 26 January 10
FREIGHT COST ERODES INDIA CEMENTS NET
"Freight cost increased from an average of around 14% of sales in the previous quarters to around 20% in the third quarter"
The Decembe ...
Tuesday, 26 January 10
VITOL BUYS EXPORT SPACE AT COLOMBIA SANTA MARTA PORT
Global energy trader Vitol has signed a four-year deal to take export capacity at Colombia's 3 million tonnes a year Carbonsan port in Santa Marta, ...
Tuesday, 26 January 10
AUSTRALIAN FIRM TO MINE COAL IN WEST BENGAL
India Resources Ltd (IRL), a mining firm listed on the Australian Stock Exchange, has decided to enter into contract mining of coal in
India ...
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- Vizag Seaport Private Limited - India
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Parliament of New Zealand
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Australian Coal Association
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Essar Steel Hazira Ltd - India
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
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