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, 08 April 10
INDONESIAN ENERGY MINISTRY SEEKS LONGER MINING CONTRACTS - THE JAKARTAGLOBE
The Jakarta Globe reported that, Energy Minister Darwin Zahedy Saleh said he would seek to amend the mining law to address investors’ complain ...


Thursday, 08 April 10
NAPOCOR GETS ONE OFFER AT COAL TENDER - ABS CBN
ABS- CBN News reported that, Philippine power producer National Power Corp. (Napocor) is likely to buy 50,000 tons of steam coal from PT Berau Coal ...


Wednesday, 07 April 10
DRY BULK MARKET LOOKING FOR DIRECTION
The dry bulk market has kept a low profile during the past week, as evidenced by the small changes of a usually rather turbulent Baltic Dry Index (B ...


Tuesday, 06 April 10
NEWCASTLE COAL EXPORTS RISE 24%, SHIP QUEUE SHORTENS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in power st ...


Tuesday, 06 April 10
UAE STEEL TRADERS FEAR LOSSES ON GLOBAL HIKE
A sudden spurt in the price of iron ore in the international market has caught local steel traders and manufacturers and a host of other steel-depen ...


   1178 1179 1180 1181 1182   
Showing 5896 to 5900 news of total 6871
News by Category
Popular News
 
Total Members : 28,636
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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