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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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Sunday, 28 February 10
CONTINENTAL TARGETS COAL SALES FROM S AFRICA MINE IN Q2 - MINING WEEKLY
Mining weekly reported that, Junior coal explorer Continental Coal would start coal sales from its Vlakvarkfontein mine, in South Africa, in the sec ...
Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...
Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy
The BSI regained positive momentum exactly a week ago and the Atlantic rema ...
Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...
Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...
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- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- The University of Queensland
- CNBM International Corporation - China
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- IEA Clean Coal Centre - UK
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Anglo American - United Kingdom
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Ministry of Finance - Indonesia
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
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