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, 26 December 16
DO THE DERIVATIVES MARKETS MAKE COAL PRICES MORE VOLATILE? 59.21% SAY YES, POLL
COALspot.com: The substantial increase or decrease in coal prices within a short period of time has been supported by a number of fundamental drive ...


Friday, 23 December 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 711.1 MMST; DOWN 18.5% Y/Y - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...


Thursday, 22 December 16
INDONESIA LACK OF EXPORT TO INDIA THIS WEEK - FERNLEYS
Supramax While the Atlantic is keeping up with rates, the Pacific has been weaker says Astrup Fernley. According to Astrup Fernley, backhaul ...


Wednesday, 21 December 16
THE SUPREME COURT DECISION IN OW BUNKERS - WHEN A SALE OF GOODS IS NOT A SALE OF GOODS - LEON ALEXANDER, CLYDE&CO
KNOWLEDGE TO ELEVATE In May 2016 the Supreme Court of England & Wales gave judgment in an OW Bunkers test case entitled "Res Cogitans ...


Wednesday, 21 December 16
CLEANING THE OCEANS FROM PLASTIC - SOPHIE COTZIAS
2016 is coming to a close and it finds us in preparation for the 2017 enforcement of the Ballast Water Treatment Systems. We naturally are in thoug ...


   433 434 435 436 437   
Showing 2171 to 2175 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 ...

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