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, 08 June 16
THE DRY BULK MARKET KEPT MOVING SIDEWAYS LAST WEEK; SECOND HAND PURCHASES MOVING NORTH - INTERMODAL
Once again its Posidonia time and the biannual exhibition takes place during a very warm June here in Athens, as if the performance of the dry bulk ...


Tuesday, 07 June 16
CS COAL INDEX ROSE FOR SECOND STRAIGHT WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up 0.38 percent week over week to averaging $39.16 per ton this past week, shows ...


Monday, 06 June 16
BDI GAINED ON A STRONGER DEMAND FOR CAPESIZE SHIPS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week on a stronger demand for Capesize ves ...


Friday, 03 June 16
DRY BULK VESSEL DELIVERIES COULD BE LESS THAN 50 MILLION DWT IN 2016, AS OWNERS DELAY OR CANCEL NEWBUILDING ORDERS
The dry bulk market has been caught between a rock and a hard place over the course of the past couple of years, as on one hand demand has plunged, ...


Friday, 03 June 16
U.S WEEKLY COAL PRODUCTION SLIDES 1.3% - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.5 million short tons (mm ...


   480 481 482 483 484   
Showing 2406 to 2410 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 ...

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