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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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Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...
Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
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- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- GAC Shipping (India) Pvt Ltd
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
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