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, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)


China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic prices, two key Indonesian producers said on Tuesday.

The Indonesian unit of Thai Banpu said China's appetite for coal was still robust, while Indonesia's No. 2 coal miner PT Adaro also said Chinese demand for imported material was expected to stay robust.

There have been growing concerns among some producers and traders that China's recent hunger for overseas coal could soon fade following spikes in Asian thermal coal and freight prices in recent weeks, which are fast eroding the price advantage for southern Chinese utilities of purchasing the fuel.

Australian coal prices on the globalCOAL Newcastle index, a benchmark for Asia, jumped by nearly $3 from Friday and struck the psychologically important level of $70 a tonne on Monday, while port coal prices at China's top coal port Qinhuangdao were hovering at around $92 a tonne.

Some industry participants also said that utilities in southern China might buy less coal in the second half as many would have already contracted large volumes earlier this year to meet part of their full-year requirements.

Banpu's unit in Indonesia, PT Indo Tambangraya Megah, which also has stakes in power plants in China, said some utilities in southern China have been increasing their coal purchases since April as they step up power production.

"As long as there is a difference between domestic and import prices, China will still be buying coal from overseas," Apimuk Taifayongvichit, chief marketing and logistics planner at Indo Tambangraya Megah, said at the Coaltrans conference in Bali.

"And we do not expect domestic prices to tumble."

Apimuk also said the firm was looking to acquire coal mines in Indonesia to increase the company's production.

Indonesia's Adaro also said China's demand for overseas coal was expected to stay strong in the second half of this year.

"From the signs we've seen, going forward, we can only say it is still looking strong in the second half," said Alastair Grant, Adaro's marketing director

Grant said Adaro was expecting to increase sales to China to about 3.5 million tonnes in 2009, compared with about 2 million tonnes last year. He added that the bulk of that 3.5 million tonnes volume had already been contracted.

Indonesia's largest coal miner, PT Bumi Resources Tbk , said on Monday it had sold about 8 million tonnes of coal to China for delivery in 2009.

Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK12258320090602



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

Recent News

Friday, 30 September 11
MINING BILL CLEARED, FIRMS TO SHARE 26% PROFITS WITH LOCALS - NDTV
NDTV reported that, The Union Cabinet cleared the draft mining bill aimed at regulating mining activities Friday. The bill proposes a profit-sharing ...


Friday, 30 September 11
INDIAN IRON ORE MARKET GETTING ACTIVE - FEARNLEYS AS
Handy The Atlantic market continued its strong trend with fresh cargoes entering the market. Vessels open US Gulf fixed tick above US$ 27k back to t ...


Friday, 30 September 11
KRISHNAPATNAM PORT WINS GLOBAL PORT & COAL PORT OF THE YEAR AWARDS
COALspot.com - Krishnapatnam Port, a dynamic new generation world class port located in the East Coast of India has been adjudged the winner in the ...


Thursday, 29 September 11
INDONESIA'S MINERS FACE AN UNCERTAIN FUTURE - RUPERT WALKER
An evolving regulatory framework for the country's minerals industry could threaten its profitability and stifle investment. The five-year surge ...


Thursday, 29 September 11
DRY BULK MARKET FALLS MID-WEEK, FURTHER DROP EXPECTED NEXT WEEK ON CHINA HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected by the Baltic Dry Index (BDI) retreated by 0.36% yesterday reaching 1,920 points, with the Capesize segment suffer ...


   1010 1011 1012 1013 1014   
Showing 5056 to 5060 news of total 6871
News by Category
Popular News
 
Total Members : 28,693
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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