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

Monday, 08 March 10
CHINA SHIPPING TO CARRY MORE COAL FOR SHENHUA
Hellenic Shipping News reported that, China Shipping (Group) Company will expect to ship 40 million tons of coal for Shenhua Group in 2010, Li Shaod ...


Sunday, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...


Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...


Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...


Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...


   1190 1191 1192 1193 1194   
Showing 5956 to 5960 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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