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 ...

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