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

Saturday, 26 November 11
THE FREIGHT MARKETS EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market were down probably with the sentiments of global financial markets and all segments were down. The BDI was up down by 4 ...


Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...


Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...


Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced.  Owners are asking in excess of USD ...


Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...


   991 992 993 994 995   
Showing 4961 to 4965 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 ...

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