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, 28 July 09
SHENZHEN ENERGY INKS COAL PURCHASE CONTRACT WITH CHINA SHENHUA
China Knowledge reported that, Shenzhen Energy Group Co Ltd has signed a five-year contract with China Shenhua Energy Co Ltd, which is engaged in th ...


Tuesday, 28 July 09
BUKIT ASAM ENJOYS STRONG FIRST HALF
The Jakarta Post reported that, state coal miner PT Tambang Batubara Bukit Asam (PTBA) enjoyed a strong first half performance with six-month net pr ...


Tuesday, 28 July 09
NEWCASTLE LOADED 1.943 MILLION TONS OF COAL IN THE WEEK ENDED 27TH JULY 2009
COALspot.com (Singapore) : The volume exported from  Australia’s Newcastle port in the week ended  - 07:00 hours  27 July 2009 ...


Monday, 27 July 09
INDIA PAYING HIGHEST PRICE FOR S.AFRICA COAL - PRODUCERS
* Spread between South African and Pacific origin coal very wide * Lack of European buying makes India indicator of value Reuters reported that, ...


Monday, 27 July 09
TAIWAN'S FORMOSA EYES S.AFRICAN COAL FOR Q4: TRADE
Reuters reported that, Taiwan's Formosa Plastics Group is looking to buy two South African thermal coal cargoes for delivery in the fourth-quarter, ...


   1309 1310 1311 1312 1313   
Showing 6551 to 6555 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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