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

Friday, 10 April 15
US COAL PRODUCTION FELL 4.7% W-O-W : EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.4 million short ...


Friday, 10 April 15
DRY BULK MARKET'S DOWNFALL ALSO OFFER INVESTMENT BARGAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk market rates have fallen to historical lows over the past few weeks, with no clear path of recovery, at least in the near term. As such, m ...


Thursday, 09 April 15
CAPESIZE: RATES ARE STILL DISAPPOINTING - FEARNLEYS
Handy The handy market had a stronger sentiment before the Easter holidays, but have as the bigger panamaxes seen a softening tendency this week. ...


Wednesday, 08 April 15
DRY BULK MARKET SEEMS UNABLE TO CATCH A BREAK - INTERMODAL
COALspot.com: The Dry Bulk market seems unable to catch a break these days. According to Intermodal, following the market stabilization that p ...


Wednesday, 08 April 15
CHINA BURNS HALF OF THE WORLD'S COAL - CHRISTOPHER T. WHITTY
Intermodal Weekly Market Update China is the world's largest consumer of coal, using more coal each year than the United States, the Europ ...


   615 616 617 618 619   
Showing 3081 to 3085 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 ...

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