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
Wednesday, 07 July 10
MACQUARIE SEES CHINA COMMODITIES PRICE FALLS AND CUTBACKS AHEAD - MINEWEB


MineWeb reported that, The research arm of Australia's Macquarie Bank - one of the most reliable of China watchers - in its latest briefing on Chinese commodities, cautions that although growth is continuing year on year for most commodities, the drop in prices seen in June could cause cutbacks ahead - a trend already apparent in the country's vast steel industry.  Aluminium output cutbacks are also seen as highly likely as current pricing is currently well below the marginal cost of production.

"Production and trade data for May", notes Macquarie, "showed a continuation of the recent trend of slowing net imports as domestic production returns. Apparent consumption ticked up in May for several commodities, although production cuts are expected for some in the coming months, and we are likely to see apparent consumption slow in line with broader macro economic indicators."

“While Chinese commodity consumption has been growing so far this year there are signs that there could be slippage ahead - already being seen in the vast steel sector.”
 

"Massive year-on-year growth in output of most commodities reflects a reopening of domestic capacity that was forced to shut down due to low prices at the start of 2009. While production has been strong over the first five months of 2010, the sharp drop in prices over June could lead to production of several commodities being cut back."

As an example of the change in market patterns in China, Macquarie has seen imports of refined metal falling over the first half of the year as Chinese domestic refining facilities have re-opened, but imports of bulk commodities like iron ore, steel scrap and in particular, coal (up 189% y-o-y), but on the latest monthly figures these now appear to be on the decline with coal imports, for example, falling from 13 million tonnes in March to 9.5 million tonnes in May.

Overall though, the May figures from China showed that domestic production has kept consumption high for most commodities. "Aluminium, copper, zinc, lead and coal all saw apparent consumption tick up in May over April" reckons Macquarie,  "However, given that we expect production cuts in aluminium, lead and zinc in the near term, this trend could be reversed for some."
Source: Mineweb



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

Recent News

Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK
Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 20 ...


Saturday, 03 July 10
THE FREIGHT MARKET CONTINUES TO BE UNCERTAIN - CAPT. REDDY
COALspot.com: The market continues to soften and the most affect sector was Panamax which was down by almost 20 pct and closed at 2447 points. The C ...


Friday, 02 July 10
SARDA ENERGY TO ACQUIRE COAL MINES IN INDONESIA
India Info Line reported that, Sarda Energy & Minerals Ltd has announced that the authorities in Indonesia have granted the Environment Cle ...


Friday, 02 July 10
DRY BULK MARKET ON A FREEFALL, REACHING ITS LOWEST IN 9 MONTHS
The Baltic Dry Index is off to break more negative records this week, as the dry bulk shipping industry’s main benchmark has failed to find ro ...


Friday, 02 July 10
PROPOSED MINERAL RESOURCE RENT TAX - PRESS RELEASE (2)
Press Release: BHP Billiton, Rio Tinto and Xstrata said today that they are encouraged by the Federal Government’s announcement that it propos ...


   1147 1148 1149 1150 1151   
Showing 5741 to 5745 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 ...

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