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

Saturday, 03 September 11
FEW SHIPS REPORTED FIXED FROM INDONESIA TO INDIA - VISTAAR
COALspot.com - The freight market continued the upward trend during last week with BDI up by about 13 pct closing at 1,740 points and cape index up ...


Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/-  5 percent of non-coking imported coal with ...


Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...


Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...


Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...


   1020 1021 1022 1023 1024   
Showing 5106 to 5110 news of total 6871
News by Category
Popular News
 
Total Members : 28,692
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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