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

Thursday, 15 July 10
NO IMPROVEMENT IN THE DRY BULK MARKET - INTERMODAL
Broker’s insight  With the Baltic Dry Index today (13/7/2010) standing at 1,790 points - the lowest point since early May 2009 - ...


Thursday, 15 July 10
IRON ORE PRICING MECHANISMS PUT ON THE SPOT
THE new iron ore pricing mechanisms that killed off the annual benchmark system are coming under pressure. The spot price of the steel feed has fall ...


Thursday, 15 July 10
NTPC TO PURSUE COAL MINE ACQUISITION IN AUSTRALIA, INDONESIA - BUSINESS STANDARD
Business-Standard reported that, NTPC, the India’s largest power producer, has set the ball rolling to acquire coal mines or form joint ventur ...


Wednesday, 14 July 10
SUCCESSFUL COMMISSIONING OF GTLE LOW RANK COAL UPGRADING PLANT
COALspot.com: GTL Energy Ltd (GTL Energy) announced that construction and commissioning of its proprietary ‘first-of-a-kind’, low rank c ...


Tuesday, 13 July 10
BUMI TO PRODUCE MORE THAN 67 MILLION TONS OF COAL IN 2010
COALspot.com: Bumi resources, Indonesia’s largest coal producer has previewed its operating results in KPC/Arutmin for Jan – Jun 2010. A ...


   1144 1145 1146 1147 1148   
Showing 5726 to 5730 news of total 6871
News by Category
Popular News
 
Total Members : 28,690
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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