| Commodity Market News |
MMTC to import coking coal
09 Avril 2010
MMTC, country’s biggest state-run trading company, has issued a tender for importing 50,000-70,000 tonne per month of coking coal in June and July.
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Disruptions in coal
25 February 2010
Rains in Indonesia have slowed down the output of coal causing as many as 50 vessels to wait at the Samarinda coal port in the Kalimantan region.
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China coal deliveries normal despite big port freeze
16 January 2010
Deliveries of coal from major ports in northern China are proceeding normally despite freezing weather conditions and potentially disruptive ice floes in the Bohai Bay area.Congestion at China's biggest coal distribution centre at Qinhuangdao Port in Hebei province has been posing problems for months, but it has not got any worse as a result of the plummeting temperatures.
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China issues 1st batch 2010 coal export quotas
04 January 2010
China has issued its first batch of coal export quotas for 2010 at 25.5 million tonnes, expected to account for about half of total quotas for the year. China's top two coal exporters, Shenhua Group and China National Coal Group, each received export quotas of 10.45 million tonnes.
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China 2010 coal demand seen up 4-6 pct on yr
04 January 2010
China's coal demand is expected to grow 4 to 6 percent in 2010 from this year's 3.17 billion tonnes.The expetrs forecast growth of 300 million tonnes in coal production capacity next year, the paper said. Some regions including the central provinces of Hubei, Hunan and Jiangxi and parts of northern and eastern China have been suffering from tight coal supply recently, which may continue into the first quarter next year.
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China coal imports jump in Nov on demand, shortages
28 December 2009
China's coal imports in November jumped nearly 14 percent from a month earlier, as a boom in demand and regional coal shortages encouraged inflow of the hydrocarbon, which is likely to continue into 2010. China's coal imports in November grew nearly 14 percent from a month earlier to 12.65 million tonnes.
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China coal imports jump in Nov on demand, shortages
23 December 2009
China's coal imports in November jumped nearly 14 percent from a month earlier, as a boom in demand and regional coal shortages encouraged inflow of the hydrocarbon, which is likely to continue into 2010. China's coal imports in November grew nearly 14 percent from a month earlier to 12.65 million tonnes.
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MMTC floats tender to buy coal
01 September 2009
MMTC floated a tender to buy 12.5 million tones (MT) of imported steam coal in 2009-10 to meet requirements of NTPC’s various power plants, a notice on the company website said. The bidding will end at 11.30 IST on September 16, and bids will be opened after the deadline.
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COAL: Indian buyers re-emerge
26 August 2009
Indian end-users have re-emerged with a rash of tenders for coal for delivery between September and the balance of the year. Indian state buying entity MMTC, which buys coal on behalf of many regional state power plants, will re-issue a revised tender for 12.5 million tonnes any day now.
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Coal output target of 1055 mt
6 July 2009
To give a boost to thermal power generation, the government has set an annual coal production target of 1055 million tones in the 12th Five Year Plan (2012-17).
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