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

Wednesday, 01 April 09
COAL FIRMS' PROFITS NOT EXPECTED TO GROW IN '09 - - THE JAKARTA POST (ANALYSTS)
Despite their windfall profits in 2008, analysts doubt that PT Bumi Resources Tbk or any other coal firms will post profit growth this year, with pr ...


Tuesday, 31 March 09
DEUTSCHE BANK TO ADD COAL, GAS, SHIPPING IN COMMODITY EXPANSION - BLOOMBERG
Deutsche Bank AG, after quadrupling revenue from commodities in two years, plans to add coal, European natural-gas and shipping to its business, ant ...


Monday, 30 March 09
CHINA SHENHUA SAYS AGREES DOMESTIC COAL DEALS - REUTERS
Chinese coal mining giant China Shenhua Energy Co has agreed long-term contracts with some Chinese power producers, its President Ling Wen said on M ...


Sunday, 29 March 09
SHENHUA ENERGY 2008 NET RISES 29% TO RECORD ON PRICES - BLOOMBERG
China Shenhua Energy Co Ltd., the nation’s biggest coal producer, said profit rose 29 percent to a record in 2008 after it increased productio ...


Friday, 27 March 09
SOUTH AFRICAN COAL EXPORTS EXPECTED TO RISE IN 2009, BUT RAIL WILL DETERMINE BY HOW MUCH - MININGWEEKLY
South Africa has an expanding coal-export terminal, but an uncertain rail capacity. The mismatch is something South Africa cannot afford, given i ...


   1363 1364 1365 1366 1367   
Showing 6821 to 6825 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 ...

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