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, 14 October 09
INDONESIA MULLS TO LIMIT COAL EXPORT
China View reported that, The Indonesian government planned to limit coal export of up to 150 million tons per year due to the growing coal demand i ...


Wednesday, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...


Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...


Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...


Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...


   1267 1268 1269 1270 1271   
Showing 6341 to 6345 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 ...

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