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, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...


Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...


Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...


Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...


Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...


   980 981 982 983 984   
Showing 4906 to 4910 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 ...

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