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

Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...


Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...


Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...


Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...


Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...


   1021 1022 1023 1024 1025   
Showing 5111 to 5115 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 ...

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