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

Monday, 12 March 12
DELTA DUNIA 1M OVERBURDEN DROPS 3.1% - INSIDER STORIES
Insider Stories reported  that, Indonesia's second largest coal mining contractor PT Delta Dunia Makmur Tbk (DOID) reported a 25 million bank ...


Monday, 12 March 12
DRY BULK RATES WILL REMAIN LOW IN 2012 SAYS DANISH SHIP FINANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its annual shipping survey Danish Ship Finance said that the current outlook for the Dry Bulk market seems unlikely to foster higher rates in any ...


Monday, 12 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first days of March appear to be more encouraging for dry bulk operators, but the outlook is still gloomy for the rest of year with earnings for ...


Sunday, 11 March 12
FREIGHT RATES FOR INDONESIA TO INDIA WILL CONTINUE TO REMAIN FIRM- VISTAAR
COALspot.com - This week saw another upward trend with all indices up except for the Cape index. The BDI was up by 6.87 pct closing at 824 points ...


Friday, 09 March 12
MINING IN INDONESIA: RESTRICTION ON FOREIGN INVESTMENT - SUNIL K KUMBHAT
COALspot.com - Recently Govt has passed regulation instructing foreign mining companies to reduce their ownership stake. The regulation known as ...


   961 962 963 964 965   
Showing 4811 to 4815 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 ...

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