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

Thursday, 04 October 12
CAPESIZE : IN SPITE OF THE HOLIDAYS IN CHINA, RATES ARE CLIMBING UP - FEARNLEYS AS
Handy Atlantic market remains quiet due to lack of cargoes and more supply of ships. Rates from Continent to east Med were around USD 13k and Black ...


Wednesday, 03 October 12
BARCLAYS'S PRICE FORECAST FOR NEWCASTLE COAL HAS BEEN WRITTEN DOWN
“ The main story in the global coal markets has been the growth in supply, with all of the major exporters adding volumes into a market which ...


Sunday, 30 September 12
SUB-BIT INDONESIA COAL SWAPS: MIXED TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 0.73 percent w-o-w but gained 0.41 percent d-o-d on Friday, 28 Se ...


Sunday, 30 September 12
INDONESIA HAS NO PLAN TO CAP COAL PRODUCTION
COALspot.com - “The current low coal prices were mainly due to a global oversupply condition, spurred by numerous mining exploitations in the ...


Sunday, 30 September 12
FREIGHT MARKET UNDER PRESSURE; OVERALL SENTIMENTS ARE STILL BEARISH
COALspot.com - The freight market seemed to have lost steam and all indices were down except for cape index. The BDI was slightly down by 6 point ...


   909 910 911 912 913   
Showing 4551 to 4555 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 ...

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