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

Friday, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...


Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...


Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...


Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...


Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...


   1088 1089 1090 1091 1092   
Showing 5446 to 5450 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 ...

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