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, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...


Monday, 09 May 11
THAILAND COAL IMPORTS SURGE IN Q1 - ICAP SHIPPING
Thailand's coal imports leapt 20% in Q1 and the country looks set to import its largest ever volume in 2011 as quoted by ICAP Shipping web site. ...


Monday, 09 May 11
KOSPO SEEKING 65KT STEAMING COAL
COALspot.com - Korea Southern Power Co (KOSPO) issues tender for 65000 Mt of Steaming Coal Supply with a minimum CV of 4,500 kcal/kg on NAR basis. D ...


Monday, 09 May 11
INDONESIA HBA FALL BELOW $118
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 11 ...


Monday, 09 May 11
DIAN SWASTATIKA Q1 PROFIT SOARS 511 PERCENT - INSIDER STORIES
PT Dian Swastatika Sentosa Tbk (DSSA), parent of coal miner PT Golden Energy Mines, reported a 511.73% jump in net profit for the first quarter of t ...


   1052 1053 1054 1055 1056   
Showing 5266 to 5270 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 ...

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