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

Tuesday, 29 April 14
Q4 SUB-BIT INDONESIA COAL SWAP CLOSED US$ 1.07 HIGHER COMPARED TO Q2 DELIVERY PRICE
COALspot.com: Indonesian coal swaps for average Q2’ 2014 gain on month and on week according to AsiaClear OTC coal swap's reports rele ...


Tuesday, 29 April 14
NEWCASTLE SHIPPED 3.03 MILLION TONS WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 28 April 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensl ...


Tuesday, 29 April 14
Q2 API 8 CFR SOUTH CHINA COAL SWAP LOST 0.29% MONTH ON MONTH
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 0.29 percent month on month and closed at US$ 75.43 per mt as o ...


Monday, 28 April 14
CHINA LIKELY TO FALL SHORT OF NUCLEAR POWER TARGETS AT 175GW OF CAPACITY BY 2030 - WOOD MACKENZIE
Coal will remain dominant supply at 64% of power mix Wood Mackenzie forecasts that China will not meet its environmentally-driven, government ...


Sunday, 27 April 14
INDONESIA TO INDIA FREIGHT RATES ARE EXPECTED TO BE STEADY NEXT WEEK
COALspot.com: The freight market seems to have bottomed out and saw some marginal gains in all segments, said Capt. Reddy of Vistaar Shipping In ...


   745 746 747 748 749   
Showing 3731 to 3735 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 ...

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