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

Monday, 16 January 17
WHY THE SOLUTION TO INDIA'S ENERGY CHALLENGE LIES IN COAL POWER PLANTS - BENJAMIN SPORTON
India’s huge development and energy challenges mean there are economic and development arguments for investing in new coal power plants for t ...


Friday, 13 January 17
U.S. COAL PRICES TO INCREASE IN 2017 AND IN 2018 - EIA
Coal Supply EIA estimates that U.S. coal production declined by 158 million short tons (MMst) (18%) in 2016, to 739 MMst, which would be the lowe ...


Friday, 13 January 17
U.S. COAL IMPORTS IN THIRD QUARTER 2016 TOTALED 2.7 MMST, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 13.8 million short ton ...


Thursday, 12 January 17
ASIA: COAL'S FUTURE - BENJAMIN SPORTON
As economies develop and the United Nations’ Sustainable Development Goals (SDGs) are realised, demand for energy will increase as more peopl ...


Wednesday, 11 January 17
MARKET INSIGHT - GEORGE DERMATIS
A new year has dawned upon us and it sure promises to be an exciting one which makes it practically impossible to resist the challenge of making a ...


   429 430 431 432 433   
Showing 2151 to 2155 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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