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, 15 October 10
VALUE ADDED TAX FOR COAL TO RE-INTRODUCE IN INDONESIA
COALspot.com: Indonesian government is drafting a ministerial decree to re-introduce value added tax for coal and mineral. Coalindo weekly news lett ...


Thursday, 14 October 10
COAL PRICES AT QINHUANGDAO PORT UP - CAPITALVUE
Capitalvue reported that, prices of steam coal yielding 5,500 kilocalories per kilogram (kcal/kg) in Qinhuangdao Port have risen five yuan to 715-72 ...


Thursday, 14 October 10
DRY BULK MARKET MAINTAINS POSITIVE TREND ON FIRMER CHINESE IRON ORE DEMAND
The dry bulk market has kept its upward trend set since last week, with the industry’s main benchmark, the Baltic Dry Index (BDI) rising to 2, ...


Tuesday, 12 October 10
DRY BULK MARKET LOOKING FOR DIRECTION AFTER WEEK OF CAPESIZE GROWTH
The dry bulk market ended Monday unchanged from Friday’s closing, today standing at 2,695 points. In summary, the capesize and the supramax se ...


Tuesday, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES
Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mai ...


   1112 1113 1114 1115 1116   
Showing 5566 to 5570 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 ...

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