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

Friday, 10 August 18
U.S. COAL PRODUCTION TO DECLINE BY 1.8% IN 2019 BECAUSE COAL EXPORTS AND COAL CONSUMPTION ARE BOTH FORECAST TO DECREASE - EIA
EIA forecasts U.S. coal production will decline by 1.1% to 766 million short tons (MMst) in 2018 despite a 5.7% (6 MMst) increase in coal exports. ...


Thursday, 09 August 18
RIO TINTO COMPLETES SALE OF REMAINING COAL ASSETS
Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion.   According to a noted post ...


Wednesday, 08 August 18
CHINA DEMANDS PREMIUM IRON ORE, COAL; MINERS MIXED IMPACT - FITCH RATINGS
China’s stricter environmental regulations and structural changes in its steelmaking industry boosts ongoing demand for high-quality iron ore ...


Wednesday, 08 August 18
SHIPPING MARKET INSIGHT - CHRISTOPHER WHITTY
Singapore's shipyard business has evolved over the decades, from shipbuilding and repairs to rig building. It's now evolving again, to cate ...


Friday, 03 August 18
PHEW! ASIA, EUROPE HEATWAVE PUSHES AUSTRALIA COAL PRICES TO 6-YEAR HIGH: REUTERS
Australian thermal coal prices have hit fresh six-year highs as a heatwave across the northern hemisphere has triggered a spike in demand for coal- ...


   329 330 331 332 333   
Showing 1651 to 1655 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 ...

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