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Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% after China's end-2009 buying spree, exporters said on Wednesday.
China's buying at the end of last year was unusual, prompted by severe weather and disruption of domestic supply but the fall in Indian imports should not be read as a drop in demand which remains strong, exporters said.
"The Chinese were out in force in December when a large volume of South African coal was snapped up by the Chinese," one major exporter said.
"The interest is still there but with the Chinese market it's all a question of price and the New Year next week has made them back off slightly," another seller said.
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"The Chinese interest is still there for SA coal, but with the Chinese market it's all a question of price and the New Year next week has made them back off slightly" - Exporter
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The Indian exports drop appears disproportionately steep because exporters rush to boost exports in December and draw down stocks at RBCT as far as possible, exporters said.
"The results of pushing hard at year end 2009 was less coal for spot January sales and the markets which traditionally buy more spot coal, such as China and India, were short South African supply in January," the first exporter said.
South Africa exported a total of 5,5-million tons in December, which fell slightly to 4,9- million in January.
Exporters each year rush to maximise their December exports in order to use up their export allocation at RBCT.
South Africa exported around 60-million tons in total in 2009.
Source: Reuters / Mining Weekly
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Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
Friday, 19 March 10
COAL INDIA TO HIT CAPITAL MARKETS IN JULY
India’s largest coal producer, Coal India Ltd (CIL), expects to hit the capital markets by July, company chairman Partha S. Bhattacharyya said ...
Thursday, 18 March 10
COAL IMPORTS SOAR IN NANTONG PORT OF JIANGSU PROVINCE CHINA
BloombergUTV reported that, Coal imports at Nantong Port, located in coastal China's Jiangsu Province, soared 13 times to 581,000 tonnes in the fir ...
Thursday, 18 March 10
INNER MONGOLIA TO CAP COAL OUTPUT AT 700 MLN TONS IN 2010
Alibaba / China Knowledge reported that, Inner Mongolia, China's northern border autonomous region, plans to control coal output at 700 million ton ...
Thursday, 18 March 10
THE INDIAN MARKET WAS QUIET, BUT BECAUSE OF THE TIGHT TONNAGE SITUATION STILL FIRM - FEARNLEYS AS
Handy
Activity continues to be solid in the Atlantic.
Supramax physical market is strong which pushed the BSI to a 17 month high at ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- PowerSource Philippines DevCo
- Ministry of Mines - Canada
- Economic Council, Georgia
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
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