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, 25 August 10
BUKIT ASAM OUT TO BECOME BIGGEST COAL PRODUCER
The Jakarta Post reported that, State-owned PT Batubara Bukit Asam Tbk intends to become the country's biggest coal producer in 2016 with productio ...


Wednesday, 25 August 10
GOVT SHOULD ALLOW DUTY-FREE IMPORT OF THERMAL COAL: ASSOCHAM
Industry body Assocham Wednesday said the government should allow duty free import of thermal coal to bring down power tariffs in the country. &q ...


Wednesday, 25 August 10
INDIAS ADANI GROUP TO BUILD COAL RAILWAY IN INDONESIA
COALspot.com: India’s Adani Group, Indonesia’s state coal producer PT Tambang Batubara Bukit Asam (PTBA), and the South Sumatra provinci ...


Wednesday, 25 August 10
CME GROUP WILL LAUNCH NEW COAL CONTRACTS
Press Release: CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of trading and clearing ser ...


Tuesday, 24 August 10
INDIA IMPORTS 1.3 MILLION TONS COAL LAST WEEK
COALspot.com: India has imported  1.3 million tons of non - Coking coal and  468,229 Mt of coking coal for the period 16 - 22 August 2010 ...


   1128 1129 1130 1131 1132   
Showing 5646 to 5650 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 ...

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