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

Friday, 06 April 12
DRY BULK MARKET SWIFT TO HALT FALL ON RENEWED DEMAND FOR CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk managed to put a stop to the recent falls, which came as a result of a lacklustre demand for smaller vessel sizes. Although this trend ...


Thursday, 05 April 12
COAL EXPORT TAX: MATTER OF CONCERN FOR INDIA - SUNIL K KUMBHAT
COALspot.com - Since the issuance of Indonesian  Mining law in 2009, miners have  increased  their activities in  exploring , ex ...


Thursday, 05 April 12
AKR COAL FIRST EXPORT SHIPMENT OF COAL SEABORNE
PT Anugrah Karya Raya (AKR Coal) subsidiary of PT AKR Corporindo Tbk., Indonesia’s leading integrated supply chain solutions provider and larg ...


Thursday, 05 April 12
DRY BULK MARKET STALLS AS TREND IS REVERSED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has halted its month-long rally, with the BDI (Baltic Dry Index) retreating yesterday for a second consecutive session. Industry ...


Wednesday, 04 April 12
OIL MAY JUMP TO $150PB IF IRAN ATTACKED: EXPERT - KUNA / HELLENIC SHIPPING
Prices of oil will not drop below level of $100 per barrel and may jump to $150 pb in the coming two months, according to the prominent Kuwaiti expe ...


   954 955 956 957 958   
Showing 4776 to 4780 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 ...

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