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, 15 July 15
SAS TO BUILD 108 KM ROAD FOR COAL IN JAMBI, SAYS JAKARTA POST
Jambi Governor Hasan Basri Agus said on Sunday that mining company PT Sinar Anugerah Sukses (SAS) would develop a 108-kilometer road with a width o ...


Wednesday, 15 July 15
ANY FUTURE IRAN OIL DEAL WILL BOOST SUPPLY FUNDAMENTALS WITH TANKER OWNERS HOPING FROM TEHRAN TO QUICKLY BOOST ITS PRODUCTION
With the Greek “Euro-drama” apparently over, at least for now, Iran’s oil deal still remains elusive, with any potential agreemen ...


Tuesday, 14 July 15
FOB NEWCASTLE COAL SWAPS MAINTAIN OVERALL NEGATIVE TONE THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.02 per MT (-2.23%) month over month to US$ 44.68 per mt. The swap ...


Tuesday, 14 July 15
CFR SOUTH CHINA COAL SWAPS DECLINE THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 1.47 (2.82%) per MT month over month. A commodity swap ...


Monday, 13 July 15
THERMAL COAL IMPORTS SOAR 23 PER CENT TO 24.08 MILLION TONNES AT 12 MAJOR INDIAN PORTS
Import of thermal coal jumped 23 per cent to 24.08 million tonnes at 12 major ports in the first quarter of the fiscal, even as the government cont ...


   584 585 586 587 588   
Showing 2926 to 2930 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 ...

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