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

Friday, 23 July 10
THE PANAMAX MARKET HAS CONTINUED ITS SLOW CLIMB - FEARNLEYS
Handy Continued flat Atlantic markets and over-supply of tonnage across all segments on spot basis. Nevertheless there is more fresh enquiry on Co ...


Friday, 23 July 10
KPMG INDIA FACES COAL DEFICIT OF 50% OF EXPECTED POWER PLANT DEMAND, SAYS - BLOOMBERG
Bloomberg reported that, India may face a coal shortfall of 189 million metric tons a year by 2015, about 50 percent of the power sector’s exp ...


Thursday, 22 July 10
BERAUS IPO NEXT MONTH CAN BECOME THE LARGEST THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s fifth largest coal miner PT Berau Coal Energy Tbk will launch its initial public offering (IPO) ne ...


Thursday, 22 July 10
DRY BULK MARKET EDGES HIGHER, BUT RECOVERY IS SLOW
The dry bulk market’s recovery, which started last Friday has sustained its momentum thus far, but the pace of it seems to be an agonizing one ...


Wednesday, 21 July 10
CHARTER RATES FOR BIG SHIPS GO INTO FREEFALL
It is reported that concerns over the slowdown in the mainland construction sector posturing over ore price negotiations and a general summer slowdo ...


   1140 1141 1142 1143 1144   
Showing 5706 to 5710 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 ...

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