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, 14 January 15
DRY BULK MARKET NOTED ANOTHER WEEKLY DECLINE - INTERMODAL
COALspot.com: The Dry bulk market noted another weekly decline on Friday, with the performance of the Capesize market still weighing down on the re ...


Wednesday, 14 January 15
MARKET INSIGHT - TIMOS PAPADIMITRIOU
In Oil we trust! The Barrel price has declined by almost a third in comparison to the 2014 January and has being on the downhill since early last s ...


Wednesday, 14 January 15
COMMODITIES AREN'T PRIMED FOR A REBOUND DURING 2015: SHIPPING COULD BENEFIT FROM LOWER PRICES - ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In the recent past, higher commodity prices were driven by an increase in demand from developing countries, which spelled good news for ship owners ...


Wednesday, 14 January 15
SUB-BIT FOB INDONESIA COAL SWAP FOR Q1 DELIVERY CLOSED AT US$ 46.97 PMT
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 declined month on month and week over week. The Q1 swap has fell US$ 1.53 (-3.15 ...


Wednesday, 14 January 15
Q4' 15 FOB NEWCASTLE COAL SWAP CLOSED 4.51% LOWER COMPARED TO Q1' 15 PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.56 per MT (-3.0%) month over month and US$ 1.03 (-2.0%) week ove ...


   650 651 652 653 654   
Showing 3256 to 3260 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 ...

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