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, 11 December 18
SHIPPING MARKET ANALYSIS - ALLIED
A lot of discussions have been made as to the effects of the IMO 2020 regulation on OPEX  levels,  investment  feasibility  of& ...


Tuesday, 11 December 18
PORT OF NEWCASTLE SHIPPED 10.849 MMT OF COAL IN NOVEMBER DOWN 23.44 PERCENT MOM
COALspot.com: The Port of Newcastle, Australia’s major trading port and the world’s largest coal export port has shipped A$ 1,574.8 mil ...


Thursday, 06 December 18
IN THE EAST, BIGGER SUPRA WAS FIXED CA US$ 10K FOR INDO-CHINA COAL ROUND - FEARNLEYS
Capesize There is cautious optimism for the Capes, with healthier volumes and improving rates in the Pacific. West Australia round is gradually ...


Thursday, 06 December 18
U.S. COAL CONSUMPTION IN 2018 EXPECTED TO BE THE LOWEST IN 39 YEARS - EIA
EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U ...


Thursday, 06 December 18
DEMAND RISKS WEIGH ON GLOBAL SHIPPING SECTOR OUTLOOK - FITCH RATINGS
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings say ...


   306 307 308 309 310   
Showing 1536 to 1540 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 ...

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