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, 20 April 09
PT PAMAPERSADA SEES ITS REVENUE TO CLIMB BY 20% IN 2009 - STEELGURU
PT Pamapersada Nusantara, a unit of Indonesia's PT United Tractors, said that its 2009 profit will be similar to last year, even as it forecasts re ...


Monday, 20 April 09
NIPPON STEEL SEMI-SOFT COAL PRICE SAID TO DROP 67% - BLOOMBERG
Nippon Steel Corp., Japan’s largest mill, will pay up to 67 percent less for semi-soft coking coal this fiscal year, two industry executives w ...


Monday, 20 April 09
INTERNATIONAL INVESTORS SEEK TO SELL ADARO STAKES - MONEY.CNN
Some international investors in PT Adaro Energy ( ADRO.JK) have approached other companies to sell around a combined 17% stake in the coal miner via ...


Friday, 17 April 09
BHATIA COAL INDIA, VITOL IN DISPUTE - COAL JUNCTION
Bhatia Coal India, a subsidiary of the Bhatia International Group, terminated a coal supply contract with traders Vitol and has initiated arbitratio ...


Friday, 17 April 09
JSW TO BUY THERMAL COAL MINE IN AFRICA
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million tons, to min ...


   1360 1361 1362 1363 1364   
Showing 6806 to 6810 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 ...

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