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, 07 July 17
EIA ESTIMATES SHOW U.S WEEKLY COAL PRODUCTION UP 1.7 PERCENT
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.9 million short tonn ...


Thursday, 06 July 17
SUPRAMAX: INDO TO INDIA TRIPS WITH DELIVERY THAILAND RANGE IS GIVING OWNERS AROUND MID $8000 - FEARNLEYS
Supramax Another slow start to the week with somewhat softening rates and few fixtures. According to Fearnleys Weekly Dry bulk report, the N ...


Thursday, 06 July 17
UNEXPECTED MOVE FROM CHINA BOOSTS COAL PRICES - OIL PRICE
Coal prices have been cooling the last few months — after a spectacular run last year. But news late last week suggests the market is about t ...


Wednesday, 05 July 17
COAL PRICES ROSE IN CHINA, JAPAN AND EUROPE IN 2016 - BP
COALspot.com: Coal prices rose in China, Japan and Europe in 2016 after four years of price declines. According to bp, the rise in coal prices ...


Wednesday, 05 July 17
TANKER MARKET INSIGHT - KATERINA RESTIS
A war of words blasted last month as the UAE, S. Arabia, Egypt and Bahrain revealed that they are experiencing severe diplomatic issues with the st ...


   401 402 403 404 405   
Showing 2011 to 2015 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 ...

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