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

Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks. The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...


Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...


Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...


Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...


Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...


   937 938 939 940 941   
Showing 4691 to 4695 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 ...

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