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

Tuesday, 30 March 10
PRICES FOR COKING COAL, IRON ORE TO SOAR AMID BURGEONING STEEL DEMAND: SCOTIABANK
Winnipeg Free Press  reported that, Strong steel demand from China and a recovery in the developed world will push coking coal prices 56 per ce ...


Sunday, 28 March 10
DEMAND FROM INDIA RESHAPING THE GLOBAL COAL MARKET - DAVE FOREST
Attention international coal industry. There's a new kid on the block. The nation of India. India is emerging as a major re-shaping force for ...


Sunday, 28 March 10
SHIPS FROM WC INDIA TO CHINA CONTINUED TO BE FIXED AT HEALTHY LEVELS AT AROUND US$ 50/52,000 PER DAY - VISTAAR
COALspot.com: The dry bulk freight market seemed to be heading for a correction with all the indices dropping by 8-10 pct except for handy size whic ...


Saturday, 27 March 10
CHINA DROUGHT MAY RAISE COAL DEMAND, BOOST PRICES, CLSA SAYS - BLOOMBERG
Bloomberg reported that, Droughts in southwest China may increase demand for coal used in power plants, and ‘support” prices in the &ldq ...


Saturday, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coa ...


   1182 1183 1184 1185 1186   
Showing 5916 to 5920 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 ...

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