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

Tuesday, 17 November 15
FOB NEWCASTLE COAL SWAPS FALL: Q1'16 SLID 11.45% M-M
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $4.75 per ton (11.45%) month over month to US$ 36.75 per ton. The swap ...


Monday, 16 November 15
KOMIPO INVITES BIDS FOR 1.295 MILLION TONS OF BITUMINOUS COAL FOR Q1 - Q2'16
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 1,295,000 Metric Tons (MT) of minimum 4,600 kc ...


Monday, 16 November 15
SOUTH CHINA COAL SWAPS DECLINE CONTINUES THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 6.05 (12.59%) per ton month over month. A commodity swa ...


Monday, 16 November 15
CLARKSEA INDEX COMPETITION: IS IT ALL IN THE TIMING? - CLARKSONS
Readers of the Shipping Intelligence Weekly are invited each year to predict the value of the ClarkSea Index one year ahead in the first week of No ...


Monday, 16 November 15
DRY BULK MARKET: Q1' 2016 SHAPING UP TO BE A ' DISASTROUS' ONE OF PROJECTED LOWER IRON ORE IMPORTS FROM CHINA
Over the course of the past year or so, it’s been the drop of coal imports from China, which has had a detrimental effect on the course of dr ...


   541 542 543 544 545   
Showing 2711 to 2715 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 ...

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