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, 13 March 15
U.S. COAL PRODUCTION UP 2.3% WEEK OVER WEEK
COALspot.com – United States the world's one of the largest coal producers, produced approximately 17.5 million short tons (mmst) of coal ...


Friday, 13 March 15
ADARO RECORDED A 7% INCREASE IN EBITDA OF $877 MILLION IN 2014
“Coal market continues to be difficult and challenging”  – Adaro Energy The world’s Top 5 thermal coal exporter, ...


Thursday, 12 March 15
CAPESIZE : ACTIVITY IS LOW; PANAMAX: BIT MORE ACTIVITY; HANDY: A FIRMING WEEK
Handy It has been a firming week in both hemispheres this week and especially in the Pacific, says Fearnleys AS in its week's week report. ...


Thursday, 12 March 15
COAL MINERS REMAIN UNDER PRESSURE AS GLUT CONTINUES - THE JAKARTA POST
Indonesia’s major coal miners reported a significant drop in their earnings last year as the sharp drop in the global demand, mainly from Chi ...


Thursday, 12 March 15
FOB INDONESIA COAL SWAP DROP TO $47.33 A TON IN THE WEEK ENDED MAR.6
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 drop month on month and week over week. The Q2 swap fell US$ 0.37 (0.78%) month ...


   627 628 629 630 631   
Showing 3141 to 3145 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 ...

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