We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Friday, 19 February 16
INDONESIAN HBA HITS A NEW LOWS BELOW $51 A TON AS OVERSUPPLY, LOW DEMAND WOES PERSIST
COALspot.com: Low coal demand and excess supplies sent Indonesian benchmark coal price further deep in February 2016. HBA has slumped second time t ...
Friday, 19 February 16
U.S. WEEKLY COAL PRODUCTION ROSE 2.6% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.2 million shor ...
Thursday, 18 February 16
INDIA NEEDS INTERNATIONAL SUPPORT ON HIGH EFFICIENCY COAL - WORLD COAL ASSOCIATION
Speaking at a conference in New Delhi today, World Coal Association Chief Executive Benjamin Sporton said the critical role of coal in driving econ ...
Thursday, 18 February 16
CHINA COAL SECTOR - 2015 RESULTS BLEAK, 2016 UNLIKELY TO BE ANY BETTER - FITCH
COALspot.com: China Coal Sector’s Financial Woes to Worsen in 2016.
Fitch Ratings says that the 2015 full-year result previews issued by ...
Thursday, 18 February 16
PANAMAX RATES OUT OF ECSA WERE STILL GAINING A PREMIUM OVER THE REST OF THE MARKET - INTERMODAL
The BDI moved further down last week, fact that hardly took anyone by surprise as the lunar year holidays in Asia on top of the already depre ...
|
|
|
Showing 2556 to 2560 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Aditya Birla Group - India
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Orica Mining Services - Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Heidelberg Cement - Germany
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- VISA Power Limited - India
|
| |
| |
|
