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, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES


Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mainly used for thermal power generation and heating.

On the first day of trading, steam coal prices closed at 815 yuan ($122.13) per ton, with 709,360 tons traded at 578.16 million yuan ($86.64 million), showing enthusiasm among traders.

The new trading will be based on free market price bidding and selling, said Zhang Xionghui, research and development director of the exchange.

Unlike futures contracts, spot trading reflects the true market, as the delivery is on daily basis leaving no room for speculation, Zhang said.

Coal trading is traditionally done through negotiations between sellers and buyers, which is time-consuming, inefficient and costly, he noted.

Such a trading platform can help the buyers and sellers to obtain the coal conveniently economizing the trading cost, said Song Zhichen, energy sector analyst with Shenzhen Zhongzhe Investment Consulting.

Coal and power companies have long been at loggerheads over coal price fixing.

Coal producers demand high prices forcing power producers into a difficult situation because the government will not let them pass the rising costs off to end users.

The coal price hikes in recent years, however, have forced the government to raise electricity prices, because of the losses incurred by power producers.

When coal producers asked for a price increase of 18 percent last year, the major power companies refused to accept, leading to blackouts in many provinces last winter. The trading officials hope to provide a better reference reflecting the true market rather than a monopoly price set by large coal producers.

"We hope to set an open and fair benchmark price for the market," said Yang Kejian, a manager at the commodities exchange
Source: Global Times (By Wang Xinyuan)

Share your coal & shipping news with COALspot.com



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

Recent News

Saturday, 25 September 10
PRESSURE ON S6 AND S7 ROUTES SEEMS TO BE CONTINUED NEXT WEEK CAPT. REDDY
COALspot.com: The freight market has been flat this week due to holidays in China and low activity saw all sectors down and soft. The BDI was dow ...


Thursday, 23 September 10
CHURCHILL MINING SHARES JUMP ON EAST KUTAI COAL PROJECT FEASIBILITY RESULTS - STOCKOPEDIA
AIM listed mining group Churchill Mining (LON:CHL) and its Indonesian partners the Ridlatama Group, have completed a feasibility study on the 2.73bn ...


Thursday, 23 September 10
DRY BULK RATES EXPECTEDLY FALL TO ONE MONTH LOWS - HELLENIC SHIPPING
With of the Far East trade routes closed this week on various national holidays, demand for ocean transportation of raw materials has been significa ...


Wednesday, 22 September 10
INDIA TO BE BIGGEST BUYER OF INDONESIAN COAL BY 2011 - BUSINESS STANDARD
India will pass Japan to be the biggest buyer of Indonesian coal by 2011, said Bob Kamandanu, chairman of the Indonesian Coal Mining Association. ...


Wednesday, 22 September 10
DRY BULK MARKET SENTIMENT TURNS SOUTH AS IRON ORE DEMAND DECLINES
The dry bulk market has once again turned the tide, with the industry’s benchmark, the Baltic Dry Index (BDI) turning south during the previou ...


   1118 1119 1120 1121 1122   
Showing 5596 to 5600 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 ...

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