COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG


Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidentified Japanese utility as much as 40 percent as a recovery in economic growth in Asia spurs demand.

Zug, Switzerland-based Xstrata agreed to contract prices for the next 12 months at $98 a metric ton, it said in a statement. The figure compares with the $70-$72 a ton for the previous year, cited in the company’s annual report.

“It’s a good price,” John Meyer, an analyst at Fairfax IS in London, said by phone today. “It reflects the increasing demand for thermal coal for electrical generation around Asia. It should be directly correlated with expectations for economic growth in the region and reflects the increasing cost of coal mining in Australia.”

China’s coal imports more than doubled to 13.1 million metric tons in February, underpinned by power demand, according to customs data. The country paid about $92 a ton for coal in the month. Thermal coal prices to China on delivered terms rose to as high as $120 a metric ton in January from less than $90 a year earlier, Macquarie Group Ltd. said in a report this month.

Contract negotiations with Japanese customers will continue next week, Xstrata said in today’s statement.
Source:
Bloomberg ( By: Firat Kayakiran & Simon Casey)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...


Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...


Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...


Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...


Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...


   1181 1182 1183 1184 1185   
Showing 5911 to 5915 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Global Green Power PLC Corporation, Philippines
  • PetroVietnam
  • Freeport Indonesia
  • ING Bank NV - Singapore
  • IOL Indonesia
  • Total Coal South Africa
  • Straits Asia Resources Limited - Singapore
  • Semirara Mining Corp, Philippines
  • Toyota Tsusho Corporation, Japan
  • Ambuja Cements Ltd - India
  • Global Business Power Corporation, Philippines
  • Indian School of Mines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Sical Logistics Limited - India
  • Economic Council, Georgia
  • Bank of America
  • Tanito Harum - Indonesia
  • Bhatia International Limited - India
  • Lanco Infratech Ltd - India
  • UBS Singapore
  • New Zealand Coal & Carbon
  • Indonesian Coal Mining Association
  • Lafarge - France
  • Latin American Coal - Colombia
  • Planning Commission, India
  • Coeclerici Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Larsen & Toubro Limited - India
  • Arch Coal - USA
  • Bukit Makmur.PT - Indonesia
  • London Commodity Brokers - England
  • TGV SRAAC LIMITED, India
  • Ministry of Transport, Egypt
  • Arutmin Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Shenhua Group - China
  • McConnell Dowell - Australia
  • Simpson Spence & Young - Indonesia
  • HSBC - Hong Kong
  • KOWEPO - South Korea
  • Inco-Indonesia
  • Rudhra Energy - India
  • European Bulk Services B.V. - Netherlands
  • RBS Sempra - UK
  • U S Energy Resources
  • PetroVietnam Power Coal Import and Supply Company
  • IEA Clean Coal Centre - UK
  • Neyveli Lignite Corporation Ltd, - India
  • GN Power Mariveles Coal Plant, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • Asia Cement - Taiwan
  • Australian Commodity Traders Exchange
  • Goldman Sachs - Singapore
  • NTPC Limited - India
  • Bharathi Cement Corporation - India
  • Jaiprakash Power Ventures ltd
  • Indian Energy Exchange, India
  • Petron Corporation, Philippines
  • Alfred C Toepfer International GmbH - Germany
  • EMO - The Netherlands
  • SRK Consulting
  • TRAFIGURA, South Korea
  • Uttam Galva Steels Limited - India
  • Romanian Commodities Exchange
  • Xstrata Coal
  • Leighton Contractors Pty Ltd - Australia
  • Infraline Energy - India
  • Central Electricity Authority - India
  • Energy Link Ltd, New Zealand
  • Russian Coal LLC
  • Parliament of New Zealand
  • Global Coal Blending Company Limited - Australia
  • Maruti Cements - India
  • Mitra SK Pvt Ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Maheswari Brothers Coal Limited - India
  • Deloitte Consulting - India
  • Mitsui
  • Mechel - Russia
  • Formosa Plastics Group - Taiwan
  • Peabody Energy - USA
  • Qatrana Cement - Jordan
  • Wood Mackenzie - Singapore
  • Aditya Birla Group - India
  • Cement Manufacturers Association - India
  • ETA - Dubai
  • Trasteel International SA, Italy
  • Mjunction Services Limited - India
  • Intertek Mineral Services - Indonesia
  • GMR Energy Limited - India
  • Indian Oil Corporation Limited
  • Electricity Authority, New Zealand
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Bulk Trading Sa - Switzerland
  • PNOC Exploration Corporation - Philippines
  • Orica Mining Services - Indonesia
  • Mercuria Energy - Indonesia
  • Energy Development Corp, Philippines
  • JPower - Japan
  • Fearnleys - India
  • Thiess Contractors Indonesia
  • Kumho Petrochemical, South Korea
  • Kohat Cement Company Ltd. - Pakistan
  • Xindia Steels Limited - India
  • Electricity Generating Authority of Thailand
  • Geoservices-GeoAssay Lab
  • Idemitsu - Japan
  • Platts
  • globalCOAL - UK
  • LBH Netherlands Bv - Netherlands
  • Ince & co LLP
  • Edison Trading Spa - Italy
  • Bank of China, Malaysia
  • Manunggal Multi Energi - Indonesia
  • Parry Sugars Refinery, India
  • Videocon Industries ltd - India
  • Malabar Cements Ltd - India
  • Medco Energi Mining Internasional
  • Power Finance Corporation Ltd., India
  • Tamil Nadu electricity Board
  • Gujarat Sidhee Cement - India
  • Georgia Ports Authority, United States
  • The Treasury - Australian Government
  • Miang Besar Coal Terminal - Indonesia
  • Jindal Steel & Power Ltd - India
  • Reliance Power - India
  • Iligan Light & Power Inc, Philippines
  • NALCO India
  • Directorate General of MIneral and Coal - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Vedanta Resources Plc - India
  • Siam City Cement - Thailand
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Argus Media - Singapore
  • Billiton Holdings Pty Ltd - Australia
  • TANGEDCO India
  • Holcim Trading Pte Ltd - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • J M Baxi & Co - India
  • Makarim & Taira - Indonesia
  • Cardiff University - UK
  • International Coal Ventures Pvt Ltd - India
  • PTC India Limited - India
  • TeaM Sual Corporation - Philippines
  • Indo Tambangraya Megah - Indonesia
  • Merrill Lynch Bank
  • Pendopo Energi Batubara - Indonesia
  • Cemex - Philippines
  • Maybank - Singapore
  • SMG Consultants - Indonesia
  • Humpuss - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Riau Bara Harum - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Cebu Energy, Philippines
  • TNPL - India
  • Africa Commodities Group - South Africa
  • Chettinad Cement Corporation Ltd - India
  • White Energy Company Limited
  • Pipit Mutiara Jaya. PT, Indonesia
  • Coal and Oil Company - UAE
  • OPG Power Generation Pvt Ltd - India
  • Metalloyd Limited - United Kingdom
  • Malco - India
  • Agrawal Coal Company - India
  • Surastha Cement
  • Petrosea - Indonesia
  • Indika Energy - Indonesia
  • Port Waratah Coal Services - Australia
  • Petrochimia International Co. Ltd.- Taiwan
  • APGENCO India
  • Vizag Seaport Private Limited - India
  • KPMG - USA
  • SN Aboitiz Power Inc, Philippines
  • CNBM International Corporation - China
  • Marubeni Corporation - India
  • VISA Power Limited - India
  • Renaissance Capital - South Africa
  • Grasim Industreis Ltd - India
  • Vitol - Bahrain
  • Chamber of Mines of South Africa
  • CIMB Investment Bank - Malaysia
  • Baramulti Group, Indonesia
  • Coal Orbis AG
  • Core Mineral Indonesia
  • Interocean Group of Companies - India
  • ICICI Bank Limited - India
  • Credit Suisse - India
  • Orica Australia Pty. Ltd.
  • EIA - United States
  • PowerSource Philippines DevCo
  • Sucofindo - Indonesia
  • Salva Resources Pvt Ltd - India
  • SUEK AG - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • AsiaOL BioFuels Corp., Philippines
  • World Bank
  • Aboitiz Power Corporation - Philippines
  • Star Paper Mills Limited - India
  • Commonwealth Bank - Australia
  • MS Steel International - UAE
  • Maharashtra Electricity Regulatory Commission - India
  • Adani Power Ltd - India
  • Price Waterhouse Coopers - Russia
  • Siam City Cement PLC, Thailand
  • Karbindo Abesyapradhi - Indoneisa
  • Moodys - Singapore
  • Standard Chartered Bank - UAE
  • Ernst & Young Pvt. Ltd.
  • WorleyParsons
  • Runge Indonesia
  • Oldendorff Carriers - Singapore
  • Tata Chemicals Ltd - India
  • bp singapore
  • Adaro Indonesia
  • Gresik Semen - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Kideco Jaya Agung - Indonesia
  • India Bulls Power Limited - India
  • Thomson Reuters GRC
  • Coalindo Energy - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • PLN - Indonesia
  • Thai Mozambique Logistica
  • UOB Asia (HK) Ltd
  • Coastal Gujarat Power Limited - India
  • Thriveni
  • Kobe Steel Ltd - Japan
  • Permata Bank - Indonesia
  • CCIC - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Minerals Council of Australia
  • Eastern Coal Council - USA
  • Antam Resourcindo - Indonesia
  • Eastern Energy - Thailand
  • KEPCO - South Korea
  • Ind-Barath Power Infra Limited - India
  • Sindya Power Generating Company Private Ltd
  • San Jose City I Power Corp, Philippines
  • Ministry of Mines - Canada
  • Meralco Power Generation, Philippines
  • Noble Europe Ltd - UK
  • CESC Limited - India
  • SASOL - South Africa
  • BNP Paribas - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Rio Tinto Coal - Australia
  • GHCL Limited - India
  • Ministry of Finance - Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • Madhucon Powers Ltd - India
  • Anglo American - United Kingdom
  • Sarangani Energy Corporation, Philippines
  • Carbofer General Trading SA - India
  • Cargill India Pvt Ltd
  • Kapuas Tunggal Persada - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Timah Investasi Mineral - Indoneisa
  • TNB Fuel Sdn Bhd - Malaysia
  • Attock Cement Pakistan Limited
  • Tata Power - India
  • Platou - Singapore
  • Thermax Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Australian Coal Association
  • The University of Queensland
  • Karaikal Port Pvt Ltd - India
  • Barasentosa Lestari - Indonesia
  • IBC Asia (S) Pte Ltd
  • DBS Bank - Singapore
  • Sakthi Sugars Limited - India
  • Sojitz Corporation - Japan
  • KPCL - India
  • Independent Power Producers Association of India
  • Jatenergy - Australia
  • Ceylon Electricity Board - Sri Lanka
  • Bangladesh Power Developement Board
  • South Luzon Thermal Energy Corporation
  • Singapore Mercantile Exchange
  • GNFC Limited - India
  • Enel Italy
  • Britmindo - Indonesia
  • BRS Brokers - Singapore
  • Gupta Coal India Ltd
  • Coal India Limited
  • Inspectorate - India
  • SGS (Thailand) Limited
  • Heidelberg Cement - Germany
  • Bhoruka Overseas - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • ANZ Bank - Australia
  • GB Group - China
  • Sinarmas Energy and Mining - Indonesia
  • CoalTek, United States
  • PLN Batubara - Indonesia
  • Altura Mining Limited, Indonesia
  • Bhushan Steel Limited - India
  • OCBC - Singapore
  • Sree Jayajothi Cements Limited - India
  • Binh Thuan Hamico - Vietnam
  • Globalindo Alam Lestari - Indonesia
  • JPMorgan - India
  • Bayan Resources Tbk. - Indonesia
  • Merrill Lynch Commodities Europe
  • Bangkok Bank PCL
  • Savvy Resources Ltd - HongKong
  • Dalmia Cement Bharat India
  • Mercator Lines Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Deutsche Bank - India
  • Mitsubishi Corporation
  • Samtan Co., Ltd - South Korea
  • Bukit Baiduri Energy - Indonesia
  • Vale Mozambique
  • Samsung - South Korea
  • Panama Canal Authority
  • The India Cements Ltd
  • The State Trading Corporation of India Ltd
  • Maersk Broker
  • ASAPP Information Group - India
  • IHS Mccloskey Coal Group - USA
  • Therma Luzon, Inc, Philippines
  • IMC Shipping - Singapore
  • Japan Coal Energy Center
  • Barclays Capital - USA
  • Glencore India Pvt. Ltd
  • Indogreen Group - Indonesia
  • Indorama - Singapore
  • Berau Coal - Indonesia
  • MEC Coal - Indonesia
  • World Coal - UK
  • Kaltim Prima Coal - Indonesia
  • Pinang Coal Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Coaltrans Conferences
  • Thailand Anthracite
  • GVK Power & Infra Limited - India
  • Shree Cement - India
  • SMC Global Power, Philippines
  • McKinsey & Co - India
  • Mintek Dendrill Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Posco Energy - South Korea
  • Banpu Public Company Limited - Thailand
  • Borneo Indobara - Indonesia
  • Essar Steel Hazira Ltd - India
  • Indonesia Power. PT
  • Cosco
  • Asian Development Bank
  • Central Java Power - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • ACC Limited - India
  • Wilmar Investment Holdings
  • Clarksons - UK