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

Tuesday, 27 March 12
DRY BULK MARKET KEEP RISING FOLLOWING THE SAME TREND OF LAST WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum this week, on the same reasons of those last week. That is, the smaller ship types are still on the ris ...


Monday, 26 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The Baltic Dry Index follows its upward incline for fourth consecutive week by rising to more than 900 points, up by 37% from the bottom low in the ...


Monday, 26 March 12
GOLDEN MINES FY11 REVENUE JUMPS 209% - INSIDER STORIES
Insider Stories reported that, coal miner PT Golden Energy Mines Tbk (GEMS), that is controlled by Sinar Mas Group, recorded a 209% jump in revenue ...


Saturday, 24 March 12
AUSTRALIA'S MINERAL TAX : BENCHMARK FOR OTHER COUNTRIES - SUNIL K KUMBHAT
COALspot.com - Natural resources rich counties like Australia , Indonesia , South Africa , Brazil etc are going through a spectacular resources boom ...


Saturday, 24 March 12
THE AVERAGE CHARTER RATES WAS AT CAPESIZE $ 4,546 PER DAY VS SUPRAMAX / $ 10,819 PER DAY - VISTAAR
COALspot.com - The BDI crossed 900 points this week closing at 908 points up by 3.89 pct. All other sectors were  up except for cape index whic ...


   957 958 959 960 961   
Showing 4791 to 4795 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 ...

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