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, 02 May 14
US WEEKLY COAL PRODUCTION RELATIVELY FLAT AT -0.1%, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...


Friday, 02 May 14
DRY BULK MARKET SHOWING SIGNS OF COMEBACK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market which has been hovering below the 1,000-point market (BDI) during the past couple of weeks, could be exhibiting signs of a s ...


Thursday, 01 May 14
INDONESIA EXPORT BAN POINTS TO QUESTIONS OVER CHINA'S LONG-TERM BAUXITE SUPPLY - WOOD MACKENZIE
China’s Bauxite demand forecast to reach 240 million tonnes by 2030 In light of the Indonesian mineral ore ban that came into force o ...


Thursday, 01 May 14
DRY BULK MARKET STILL REELING UNDER PRESSURE FROM VARIOUS FACTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market's revival is still overdue, as the industry's benchmark, the BDI is still lagging below the 1,000-point mark. In fac ...


Wednesday, 30 April 14
FREIGHT MARKET FOR DRY BULKERS STILL REMAINS WEAK - INTERMODAL
One week after the Easter holiday and the celebration for the resurrection of Christ, everybody expected to see a similar sign of a revival in t ...


   744 745 746 747 748   
Showing 3726 to 3730 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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