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

Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight in ...


Tuesday, 22 December 09
NEWCASTLE COAL SHIP QUEUE LONGEST IN TWO YEARS AS EXPORTS SLOW
Bloomberg reported that, the queue of coal ships waiting at Australia’s Newcastle port, the world’s biggest export harbor for the fuel, ...


Monday, 21 December 09
INDONESIA HAS EXPORTED AROUND 195.303 MILLION TONS OF COAL TILL END OF NOVEMBER 2009
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in November 2009, by taking 28.69% of  total exported quan ...


Monday, 21 December 09
RUSSIAN COAL MINER SUEK EYES '10 LONDON IPO
* Company valued at around $8-$9 bln - banking source * IPO could take place in H1 - source * May list 25 pct of share capital - report Reuters ...


Monday, 21 December 09
IGCC OUTLOOK CHINA 2010 TO BE HELD IN APRIL 2010 IN SHANGHAI
COALspot.com (China): Press Release -  Aiming at unveiling the growth area of IGCC polygeneration, IGCC Outlook China 2010 is planned to be hel ...


   1229 1230 1231 1232 1233   
Showing 6151 to 6155 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 ...

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