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, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...


Saturday, 07 July 12
BALTIC INDEX UP ON STRONG CAPE, PANAMAX RATES - VISTAAR
COALspot.com - This week all the segments were firmed up with BDI up by 15.23 pct (up by 153 points) closing at 1,157 points. The cape index also ...


Saturday, 07 July 12
DRY BULK MARKET NOT ABLE TO FIND SOLID GROUND SAY EXPERTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the second half of each, traditionally looking the most active one, especially in terms of newbuildings being delivered, it's highly unlikely ...


Thursday, 05 July 12
GOVT GETS READY FOR $1.8B SUIT - THE JAKARTA POST
The Jakarta Post, one of the leading Indonesian English new papers reported that, several ministries and the Attorney General’s Office held a ...


Thursday, 05 July 12
DRY BULK MARKET MOVES FURTHER UP THE HILL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its growth momentum by the middle of the week, as the BDI (Baltic Dry Index) rose by an additional 40 points to 1,103 p ...


   932 933 934 935 936   
Showing 4666 to 4670 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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