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

Monday, 30 December 13
INDONESIAN COAL TO BE PART OF INDEX DETERMINING POWER TARIFFS - BUSINESS STANDARD
In a significant move, power sector regulator CERC has decided to provide 50 per cent weightage for Indonesian coal in the benchmark index that is u ...


Friday, 27 December 13
THE EXPORT OF UNPROCESSED MINERALS WOULD NOT BE ALLOWED AFTER 12 JAN 2014 - INDONESIAN ENERGY MINISTER
COALspot.com: The government of Indonesia will implement Law No. 4 of 2009 on Mineral and Coal in full and consistently by January 12, 2014, said, m ...


Friday, 27 December 13
INDONESIA SHIPPED 15.75 PERCENT MORE COAL IN NOVEMBER
COALspot.com:  Indonesia, the world's 4th largest coal producer and the largest multi grade coal exporter shipped over $2* billion worth of co ...


Thursday, 26 December 13
COAL & OIL GROUP SECURES US$ 250 MILLION FUNDING FOR ITS 1200MW THERMAL POWER PLANT IN INDIA
COALspot.com: Dubai-based Coal & Oil (C&O) Group has announced that it has secured additional funding of approximately Dhs. 1 billion (appro ...


Wednesday, 25 December 13
DRY BULK INDEX LOST SOME GROUND THIS PAST WEEK - INTERMODAL
Chartering (Wet: Firm+  / Dry: Softer -  ) The Dry Bulk Index lost some ground this past week, on the back of activity slowing down befor ...


   786 787 788 789 790   
Showing 3936 to 3940 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 ...

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