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, 03 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
The global shipping industry is facing numerous challenges at a time when geopolitical turmoil has escalated in view of the recent tension in the M ...


Monday, 01 July 19
COAL DEMAND RISES, BUT REMAINS BELOW PEAK LEVELS - FORBES
This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive ...


Saturday, 29 June 19
ULTRAMAX: FROM SOUTHEAST ASIA MORE COAL WAS ENTERING THE MARKET - BALTIC BRIEFING
Capesize The market showed variability over the past week, as most routes were active yet sentiment differed from region to region. The Pacific ...


Wednesday, 26 June 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the first half of the year is almost over, it is worth looking back at the sale and purchase activity during these months, focusing on the segme ...


Tuesday, 25 June 19
THERMAL COAL FUTURES ON THE ZHENGSHOU EXCHANGE ROSE - DANIEL HYNES
Coal markets were buoyed by ongoing supply side issues.    According to Daniel Hynes, Senior Commodity Strategist of ANZ, the the ...


   273 274 275 276 277   
Showing 1371 to 1375 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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