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, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
* Shanduka Coal takes SACMH 500,000T export space * RBCT must approve any change of ownership Reuters reported that, South Africa's Shanduka Co ...


Monday, 12 October 09
INDONESIA TO CUT ROYALTIES TO BOOST LOW QUALITY COAL
Reuters reported that, Indonesia, the world's biggest exporter of thermal coal, plans to cut royalties paid by producers holding certain contracts ...


Monday, 12 October 09
SAMPUR COAL POWER PLANT AGREEMENT
Sunday Observer reported that, The construction work of the Sri Lanka-India joint venture coal power plant which costs US dollars 500 million will c ...


Saturday, 10 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - CAPT. REDDY
COALspot.com (Singapore): The BDI again firmed up this week by almost 14 pct to 2,695 points. The cape size index moved up quite sharply by 25 pct t ...


Saturday, 10 October 09
COAL PRICES TIPPED TO SURGE BY 40% AS GLOBAL DEMAND RECOVERS NEXT YEAR
Power-station coal prices may climb by more than 40 percent in 2010 from current levels as a global economic recovery boosts demand from power plant ...


   1269 1270 1271 1272 1273   
Showing 6351 to 6355 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 ...

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