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

Sunday, 04 December 16
U.S. WEEKLY COAL OUTPUT DECLINED 11.9% W/E 26 NOV; UP 1.4% Y/Y, EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.2 million short ton ...


Thursday, 01 December 16
OIL PRICES MAY SEE LITTLE GROWTH BEFORE 2018, FITCH RATINGS SAYS
High inventories and the potential for US shale production to respond quickly to any market tightening mean oil prices may flat line in 2017 before ...


Thursday, 01 December 16
CHINA 2017 OIL, GAS OUTPUT DROP MAY WORSEN ON CAPEX CUT: FITCH
China's oil and gas production may shrink even more in 2017 than in 2016 after the country's leading oil companies cut exploration and prod ...


Thursday, 01 December 16
ANOTHER WONDERFUL WEEK FOR PANAMAX - FEARNLEY
Supramax A slower start to the week in the Pacific compared to last Trips from N. China to S. China is paying in the range of low USD 5k, while I ...


Tuesday, 29 November 16
AUSTRALIA'S PORT OF NEWCASTLE SHIPPED 13.08 MT OF COAL IN OCTOBER; DOWN 10.39% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU1,124.7 Mi ...


   438 439 440 441 442   
Showing 2196 to 2200 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 ...

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