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

Saturday, 23 March 13
WORLD COAL TRADE FIRST PASSES 1 BILLION TONS IN 2012 - VEREIN DER KOHLENIMPORTEURE E.V
Press Release: Hard coal imports to Germany on the previous year's level in spite of regenerative energies. Imports for power plants at an all-time ...


Thursday, 21 March 13
HANDY : RBCT ROUNDS FIXED AT $ 9000 + 300K BB - FEARNRESEARCH
Handy The Atlantic market remains firm with cargoes seen to support healthy rates as per last week. The USG-Feast was at USD 25k and Black Sea-Feas ...


Wednesday, 20 March 13
NTPC TO IMPORT SEVEN MILLION TONS COAL FOR FOUR MONTHS
COALspot.com : NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company has awarded&n ...


Tuesday, 19 March 13
CHINA GAS PRICE REFORMS AND APAC GAS PRICING - FITCH STREET VIEW
Fitch Ratings says pricing reform in the Chinese gas sector is unlikely to materially impact gas distributors' margins, and low gas prices in the U ...


Tuesday, 19 March 13
NEWCASTLE COAL EXPORTS FALL BY 4.27 PERCENT ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,365,561 MT of thermal and coking coal for week ended  0700 hours 18 March 2013, Newcast ...


   867 868 869 870 871   
Showing 4341 to 4345 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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