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
Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG


Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, were little changed near an 18-month high because of strong European demand in May.

Richards Bay Coal Terminal export prices fell 0.4 percent to an average $92.41 a metric ton in the four days through June 4, according to IHS McCloskey. They reached $95.75 at the end of April, the highest since Nov. 7, 2008.

“Fundamentals for Western European coal-burn remained strong, with May coal-burn coming in at about 4 percent higher, year-on-year, supported by unusually colder weather,” Amrita Sen, an analyst with Barclays Capital in London, said in a report e-mailed on June 4. “In addition to China, demand from other Asian countries remains robust. Even Japan is showing signs of recovery. India remains the other key bright spot in the Pacific market.”

South Africa is boosting exports to the East as India and China recover from last year’s slowdown. More than half its production is now going to Asia, according to McCloskey. The Richards Bay terminal is owned by South Africa’s largest coal exporters, including BHP Billiton Ltd., Anglo American Plc and Xstrata Plc.

Barclays cut its estimate for Richards Bay’s coal exports this year by six million tons to 64 million tons following a strike at Transnet Ltd., South Africa’s state-owned transport company, that started May 10. The dispute was called off at the end of May after unions accepted an 11 percent wage increase and a one-time payment of 1 percent of workers’ salaries.

Richards Bay exported 4.57 million tons of coal in May and received 1.95 million tons by rail. Stocks at the terminal fell to 2.04 million tons, their lowest level since December 2007, the terminal said on its website today.

Newcastle Prices

Coal prices at Newcastle, Australia, an Asian benchmark, rose 1.4 percent to $98.16 a ton in the week to June 4, according to the globalCOAL NEWC Index. Benchmark European coal derivatives fell for the first time in four sessions. Coal for delivery to Amsterdam, Rotterdam or Antwerp with settlement next year fell 35 cents, or 0.4 percent, to $99.65 a ton at 10:57 a.m. in London.

The coal derivative data are drawn from information supplied by ICAP Plc, GFI Group Inc., Spectron Group Ltd., Credit Suisse Group AG, IHS McCloskey, Bloomberg and Tradition Financial Services.

McCloskey’s data are an average based on daily price assessments and a market survey. Prior to the week ending April 30, the market survey was only carried out weekly.
Source: Bloomberg
( By Alistair Holloway)



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

Recent News

Friday, 28 May 10
INDIAS NEYVELI LIGNITE EYEING INDONESIA, SOUTH AFRICA COAL MINES
Integrated mining and power producer Neyveli Lignite Corporation Thursday said it is exploring possibilities for buying coal mines in Indonesia and ...


Friday, 28 May 10
ADARO ACQUIRES 25% ICP AT US$ 335 MIO
Indonesia's second largest thermal coal miner PT Adaro Energy Tbk (ADRO) today announces formation of new joint venture for Indonesian Coal Project ...


Thursday, 27 May 10
KPCL IS LOOKING FOR 0.50 MLN TON TO IMPORTED STEAMING COAL FOR RAICHUR THERMAL POWER STATION
COALspot.com: KARNATAKA POWER CORPORATION LIMITED, India  invited from reputed parties meeting the pre qualifications stipulated for the import ...


Thursday, 27 May 10
TNPL TO BUY 0.240 MLN TON NON-COKING COAL FOR SECOND HALF OF 2010
COALspot.com: Tamil Nadu Newsprint and Papers Limited (TNPL), would like to procure 0.24 mln MT of imported Non-Coking Coal in 6 Shipments of about ...


Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...


   1160 1161 1162 1163 1164   
Showing 5806 to 5810 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 ...

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