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 December 16
INTERNATIONAL TRIBUNAL DISMISSED CHURCHILL MINING'S DAMAGES CLAIM AGAINST REPUBLIC OF INDONESIA
The Directors of Churchill Mining plc advise that, the ICSID Tribunal (“Tribunal”) granted Indonesia’s application to dismiss the ...


Wednesday, 14 December 16
20/20 VISION! - JOHN N. COTZIAS
2020; A year that could be changing shipping. In early November, the International Maritime Organization (IMO) announced that it would set a 0.5% s ...


Tuesday, 13 December 16
THE FREIGHT MARKET MAY WELL BE SHOWING SIGNS OF HEADING FOR ITS DOWNWARD CORRECTIVE PHASE - ALLIED
2016 has been a tough market for dry bulkers and through these difficult earnings, we have seen some of the lowest prices being noted historically ...


Tuesday, 13 December 16
COAL DEMAND GROWTH TO STALL AS APPETITE WANES, ACCORDING TO IEA
Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according ...


Monday, 12 December 16
U.S. WEEKLY COAL PRODUCTION TOTALS 16.3 MMST, UP 7.4% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.3 million short ton ...


   435 436 437 438 439   
Showing 2181 to 2185 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 ...

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