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

Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...


Friday, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND
Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal becaus ...


Friday, 07 August 09
CHINESE DEMAND FOR FOREIGN COAL SOARS
Mining Weekly reported that, Chinese coal imports rocketed by 126,3%, year-on-year, in the first half of this year, the country’s customs auth ...


Thursday, 06 August 09
RICHARDS BAY COAL SHIPMENTS FELL 3% ON YEAR IN JULY
Bloomberg reported that, Richards Bay Coal Terminal, Africa’s largest coal-export facility, exported 3 percent less of the fuel in July than i ...


Thursday, 06 August 09
NTPC LOOKS TO BYPASS STATE TRADING FIRMS ON COAL IMPORT
A reduced coal import bill for NTPC could lead to lower power tariffs Live mint.com reported that, India’s largest power generation utility ...


   1305 1306 1307 1308 1309   
Showing 6531 to 6535 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 ...

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