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, 30 January 15
U.S. YEAR-TO-DATE COAL PRODUCTION REACHED 65.7 MMST
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.9 million short tons (mmst) of coal ...


Friday, 30 January 15
CAN BULKER CONVERSIONS SPOIL THE TANKER MARKET'S PARTY? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Oversupply of tonnage has always been in the back of the head of ship owners when it comes to taking advantage of favorable market conditions. As s ...


Thursday, 29 January 15
CHINA ENERGY DEMAND MUST BE REVIEWED DUE TO FUNDAMENTAL ECONOMIC CHANGES - WOOD MACKENZIE
New patterns emerging as energy demand growth decoupled significantly from GDP growth for the first time in 2014 Wood Mackenzie says 2014 was ...


Thursday, 29 January 15
CAPE MARKET IS STILL STRUGGLING WITH LOW DEMAND AND LOW COMMODITY PRICES
Handy Supramax rates are heading south with slipping rates all across the block. USG activity is slow with mid-week levels in the mid 8.000s, Fea ...


Wednesday, 28 January 15
MARKET INSIGHT - STELIOS KOLLINTZAS
With most traders having returned to action from year end festivities, we have already seen signs of activity in the specialized product markets. L ...


   644 645 646 647 648   
Showing 3226 to 3230 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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