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

Thursday, 02 April 15
NEWBUILDING ORDERS FOR DRY BULK CARRIERS "DRY" UP
Newbuilding ordering activity remained subdued over the course of the past week, as ship owners are wary of adding further tonnage to an already pr ...


Wednesday, 01 April 15
SUPRAMAX & HANDY: RATES HELD STEADY TOWARDS THE WEEKEND
“Despite the fact that the Dry Bulk market closed off on the green last week, sentiment didn't improve by any means, not only because of ...


Wednesday, 01 April 15
WEEKLY SHIPPING MARKET UPDATE - INTERMODAL
There is no doubt that we are still witnessing a very challenging and at the same time very uncertain market, both with respect to dry chartering a ...


Wednesday, 01 April 15
Q4' 15 INDONESIA COAL SWAP CLOSED AT $45.15 W/E 27 MARCH 2015
COALspot.com: Indonesian coal swap for delivery Q2' 2015 drops month on month and week over week. The Q2 swap declined US$ 1.54 (3.24%) mo ...


Tuesday, 31 March 15
RICHARDS BAY COAL SWAPS GAIN WEEK OVER WEEK
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month but increased week on week. The Q2 swap has ...


   618 619 620 621 622   
Showing 3096 to 3100 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 ...

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