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

Saturday, 12 September 09
INDONESIAN CO KEEN ON TRADING COAL FOR EQUITY IN POWER PROJECTS
Though most large power project promoters have their own mines in Indonesia, MEC is confident of convincing Indian companies as its price is quite a ...


Saturday, 12 September 09
$1.5B KALIMANTAN COAL RAIL TENDER EXPECTED BY YEAR-END
The Jakarta Globe reported that, In the second announcement on major coal-railway projects in as many days, Central Kalimantan’s top official ...


Friday, 11 September 09
INDONESIA COAL-PRICES AT $66, SUPPLIERS OFFER AT BARGAIN PRICES
Some Indonesian producers were rushing to sell coal at bargain prices to ease excess stocks and catch shipments before the Muslim Eid Al-Fitr festiv ...


Friday, 11 September 09
ALPHA NATURAL EXPECTS HIGHER MET, STEAM COAL PRICES IN 2010
Mining Weekly reported that, There are encouraging signs that metallurgical coal demand in most key global markets is either returning or poised to ...


Friday, 11 September 09
POWER SECTOR'S DEPENDENCE ON COAL TO CONTINUE
The power sector will continue to be largely dependant on coal-based thermal power plants to meet its energy needs for the next 15-20 years, Power S ...


   1285 1286 1287 1288 1289   
Showing 6431 to 6435 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 ...

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