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, 12 March 14
DRY BULK VESSELS STILL THE CREAM OF THE CROP FOR SHIP OWNERS
Dry bulk carriers have remained the most popular vessel type among ship owners as proven by the sheer number of second hand vessel sales and new ...


Tuesday, 11 March 14
HOLD HARMLESS CLAUSES ARE NOT ALWAYS MUTUAL! - ITIC
KNOWLEDGE TO ELEVATE ITIC provides an insurance related contract review service to all of its members. As the leading professional indemnity i ...


Tuesday, 11 March 14
NEWCASTLE SHIPPED 6.98% LESS COAL WEEK ON WEEK
COALspot.com: In the week ended 10 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2 ...


Tuesday, 11 March 14
INDONESIAN SUB-BITUMINOUS COAL SWAPS CONTINUES TO FALL
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 slip again thi ...


Monday, 10 March 14
API 8 CFR SOUTH CHINA COAL SWAPS LOST 4.28 PERCENT MONTH ON MONTH FOR Q2 DELIVERY
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 4.28 percent month on month and closed at US$ 73.97 per mt as on Fr ...


   760 761 762 763 764   
Showing 3806 to 3810 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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