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, 30 May 18
HIGH PRICE, DMO ENCOURAGE COAL MINERS TO BOOST PRODUCTION - THE JAKARTA POST
A number of coal miners are planning to increase production by 10 percent in the second half of this year after a worldwide price increase. Th ...


Wednesday, 30 May 18
SHIPPING MARKET INSIGHT - ILIAS M. LALAOUNIS
Among several hot topics that will be discussed during the Posidonia week, the International Maritime Organization regulation that will be enforced ...


Tuesday, 29 May 18
BLOCKCHAIN CAN HAVE A TRANSFORMATIVE EFFECT ON THE SHIPPING INDUSTRY
KNOWLEDGE TO ELEVATE Following the launch of a legal briefing on blockchain contracts from UK P&I Club, Claims Executive, Filip Koscieleck ...


Tuesday, 29 May 18
INDIA'S COAL IMPORT DECLINES IN APRIL AMID DIVERSION TO THERMAL POWER PLANTS - PTI
India’s coal import fell by 9 percent to 17.32 million tonnes (MT) in April on the back of ample supply of dry fuel from domestic sources. ...


Monday, 28 May 18
COAL SUPPLY DIVERSION IRKS INDUSTRIES DEPENDENT ON CAPTIVE POWER PLANTS - HINDU BUSINESS LINE
The government’s move to prioritise coal supplies to power plants with minimal coal stock has disrupted fuel supply to some sectors, which ha ...


   341 342 343 344 345   
Showing 1711 to 1715 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 ...

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