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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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Thursday, 21 January 10
HANDYMAX - SHORT PERIOD OWNERS IDEAS ARE AROUND MID/LOW 20S - FEARNLEYS AS
HANDY
The BSI moved in a downward direction since last Friday reflecting minor a ...
Thursday, 21 January 10
ASF GROUP TO COMMENCE COAL SALES TO CHINA BY FEBRUARY 2010
Sydney-based China energy and resource conduit, ASF Group has struck an agreement to supply coal to China.
In September 2009, ASF announced a ven ...
Thursday, 21 January 10
INDONESIA BUKIT ASAM AGREES ON LOWER COAL PRICE
Indonesian state coal miner PT Tambang Batubara Bukit Asam Tbk has agreed with a local power plant to set 2010 coal prices at 23 percent lower than ...
Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the proh ...
Thursday, 21 January 10
MEC IN TALKS WITH TATA POWER ON COAL - TRADE
The UAE's Middle East Coal is in talks to supply coal to Tata Power, India's biggest private sector power firm, from its new Indonesian operations ...
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- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Jaiprakash Power Ventures ltd
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- The University of Queensland
- London Commodity Brokers - England
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Interocean Group of Companies - India
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Australian Coal Association
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
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