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

Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bha ...


Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...


Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...


Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...


Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes * S.Korea imports zero * Hong Kong utilites buy S.African coal South African coal exports to Asia excluding India a ...


   1311 1312 1313 1314 1315   
Showing 6561 to 6565 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 ...

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