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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, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...
Thursday, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...
Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...
Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...
Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...
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- Essar Steel Hazira Ltd - India
- Goldman Sachs - Singapore
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- The University of Queensland
- Thiess Contractors Indonesia
- PTC India Limited - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Formosa Plastics Group - Taiwan
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
- Planning Commission, India
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- New Zealand Coal & Carbon
- Australian Coal Association
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Minerals Council of Australia
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Bangladesh Power Developement Board
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
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