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

Sunday, 20 July 14
THE FREIGHT MARKET CONTINUED ITS DOWNWARD TREND
COALspot.com: The market continued its downward trend this week as all segments were down compared to last week. The Cape and Panamax indices being ...


Friday, 18 July 14
3RD CHINA INTERNATIONAL SHALE GAS SUMMIT
Building on the massive success of the past 2 shale gas programs that has generated huge success by attracting 500+ industry players, and intrig ...


Friday, 18 July 14
US WEEKLY COAL PRODUCTION UP BY 1.4% TO 18.3 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...


Thursday, 17 July 14
PANAMAX : MARKET HAS COOLED DOWN AGAIN TO LOW AND DEPRESSED LEVELS
Handy The supra market remains pretty flat in the Atlantic while for the smaller sizes there has been little reported with ships chasing business ...


Thursday, 17 July 14
INDIAN GOVERNMENT WISE TO TAKE ADVANTAGE OF CURRENTLY LOW THERMAL COAL PRICES AND SHIPPING RATES - JEFFREY LANDSBERG
With thermal coal import prices (and also shipping rates) very low at present, India's government would be very wise to take advantage of curre ...


   718 719 720 721 722   
Showing 3596 to 3600 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 ...

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