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, 14 March 18
SHIPPING MARKET INSIGHT - VASILIS MOIRIS
Interest in second hand tonnage remains firm with buyers in the dry bulk sector looking to benefit from rising freight rates that are eventually ex ...


Monday, 12 March 18
DRY BULK MARKET: CAPESIZE MARKET FINDS ITS FOOTING - BALTIC BRIEFING
Capesize Some relief for owners as the week closed out with the market finding a floor in the East. Rates on the key West Australia/China run loo ...


Monday, 12 March 18
COAL OUTPUT FROM PRIVATE MINERS UNLIKELY TO RISE IN MEDIUM TERM: ICRA
Coal output levels from private commercial miners are unlikely to go up considerably in the medium to short term, given the issues related to land ...


Saturday, 10 March 18
ENHANCED PRODUCTION BY COAL INDIA HELPS DECLINE IN COAL IMPORTS
As per the current import policy, coal is kept under Open General License (OGL) and consumers are free to import coal from the source of their choi ...


Saturday, 10 March 18
THE 'RENOS' - COURT OF APPEAL CLARIFIES CTL CALCULATION AND RIGHT OF ABANDONMENT - CLYDE & CO
KNOWLEDGE TO ELEVATE In the matter of the “RENOS”, Mr Justice Knowles addressed a number of issues, at first instance, regarding t ...


   354 355 356 357 358   
Showing 1776 to 1780 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 ...

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