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

Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...


Wednesday, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...


Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...


Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...


Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points. In  May 2010 the BDI touched 4,209 ...


   1079 1080 1081 1082 1083   
Showing 5401 to 5405 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 ...

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