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
Tuesday, 28 April 09
WORLD THERMAL COAL PRICE EXPECTED TO CRASH - PURCHASING.COM


Macquarie Bank sees 50% drop to $60/ton in 2009

Macquarie Bank today forecast the 2009 average market price for world thermal coal at $60/ton, a 50% decline from $121 in 2008 and even below the $62 thermal coal price average in 2007. Thermal coal is principally used for power generation and also is used as a fuel in the manufacture of cement, bricks and tiles.

Electricity demand worldwide is generally weak and London-based analyst Isaac Feehely says has been bearish on thermal coal for some time. But, prices haven’t slipped below $60, he admits, because of “poor production in Australia, mine constraints in China and labor issues in Colombia.”

He now expects Australian and Colombian supply issues to be resolved soon. And he remains bearish on the outlook for crude oil prices, “which should put some downward pressure on coal prices.” The only other bullish factor in the market might be China but import demand is less than had been forecast.

Coal in general is losing its market value, Feehely says His report point out that Chinese domestic coking coal prices have slipped in April to around $138/ton from an average $158 in the first quarter and export contract prices from Chinese and Australian mines have slipped to $128-$130 this month.

Source: http://www.purchasing.com/article/CA6654540.html?industryid=48401



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

Recent News

Monday, 27 April 09
JSW ENERGY SET TO SNAP UP AFRICAN COAL MINE FOR $70 MN - ECONOMIC TIMES
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million   ...


Monday, 27 April 09
INDONESIA MINING RULES MAY DETER INVESTORS-OFFICIALS - REUTERS
Indonesia's rules on foreign divestment of mining projects must be revised to address issues such as finding buyers if Southeast Asia's biggest ec ...


Monday, 27 April 09
UNDERGROUND MINING IN FOREST AREAS NOT SO SIMPLE - THE JAKARTA POST
The government's plan to issue a presidential decree allowing mining companies to mine underground in protected forest concession areas has resulte ...


Monday, 27 April 09
COAL PRICES ABOVE FUNDAMENTALS - STUFF.CO.NZ
Coal prices have defied the gravity of fundamental factors, supported by stockpiling prompted by cheaper prompt prices rather than a reflextion of a ...


Sunday, 26 April 09
MITRA HOPES TO SECURE DEALS WITH TWO COAL FIRMS BY JUNE - THE JAKARTA POST
An integrated oil and gas services company, publicly listed PT Mitra Rajasa, is expecting to seal acquisition deals with two coal companies in June, ...


   1356 1357 1358 1359 1360   
Showing 6786 to 6790 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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