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

Monday, 20 June 11
KPCL SETS ALL INDIA & POSSIBLY A WORLD RECORD FOR COAL DISCHARGING
COALspot.com - Krishnapatnam Port has set an all India record for discharging 95,528 tons of steam coal in just 24 hrs using the conventional unload ...


Monday, 20 June 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2011 IS ON THE WAY
Press Release - Since the beginning of 2011, international commodity price has been in a high level, resulting in “TENSION” of energy co ...


Sunday, 19 June 11
S6 AND S7 ROUTES LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The freight market seemed to be stabilizing and the BDI and Cape index was up marginally and closed at 1,423 points and 1,824 points ...


Sunday, 19 June 11
BUMI 1Q NET PROFIT INCREASES 16.5 PERCENT
PT Bumi Resources Tbk (BUMI), Indonesia's largest coal exporter that is 25% owned by London-listed Vallar Plc, reported a16.49% increase in net pro ...


Friday, 17 June 11
DRY BULK BREATHES SIGH OF RELEAF ON RENEWED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has caught a sign of relief from the middle of the week onwards, as the BDI (Baltic Dry Index) increased once again yesterday, t ...


   1043 1044 1045 1046 1047   
Showing 5221 to 5225 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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