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
Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR


Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over $72 a tonne on higher oil prices and expectations that a recovery in global economy would spur demand.

Thermal coal prices in the globalCOAL Newcastle index rose $6.48 from the previous week to $72.79 a tonne, the highest since Feb. 24 when it stood at $73.38 a tonne. "There is some direction now with the gain in oil prices. Also, there is positive sentiment about the global economy that pulling up prices," a regional trader said.

Crude oil steadied at $66 a barrel on Thursday after hitting nearly seven-month high of $69.05 a tonne on Tuesday on expectations of an economic recovery.

Strong demand from China and India is also expected to spur recovery in global coal in the second half of this year, industry participants said at a recent industry gathering.

There were no physical trades registered on globalCOAL.

INDONESIA COAL

Chinese buyers were still scouting for Indonesia coal. One handimax of 6,300 kcal/kg air-dried basis (ADB), FOB mother vessel, has been sold to a Chinese buyer at $55 a tonne for delivery in July.

"The price was still a bit low because it was settled in April. We still see a lot of inquiries from China. Now, everybody suddenly wants to trade with China," said an Indonesian trader.

Indonesian coal prices are likely to go up to around $60 in coming weeks in line with a recovery in global coal prices, the trader said.

About 11,000 tonnes of Indonesian sub-bituminous coal of 5,600 kcal/kg ADB were traded at $39.5 a tonne, FOB barge from East Kalimantan, but there were no details of buyers.

"Inquiries are now starting to come in, because of a rise in prices," said another Indonesian trader.

In the domestic market, demand remained slow as power plants still have abundant supplies, of more than a month, traders said, adding power plants may be back to the market in the third quarter to secure stockpiles ahead of the rainy season.

Source: http://www.iii.co.uk/news/?type=afxnews&articleid=7354705&subject=companies&action=article



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 27 May 10
DRY BULK RATES REACH 2010 HIGHS, BUT FUTURE REMAINS UNCERTAIN
This week is proving to be a milestone for the dry bulk market, as the Baltic Dry Index has propelled itself at never before seen levels for 2010. Y ...


Wednesday, 26 May 10
ADANI GROUP EYES AFRICA FOR COAL MINING PROJECTS
India Info Line reported that, After acquiring coal mines for importing Indonesian coal to run its thermal power plants in the country, the Adani Gr ...


Wednesday, 26 May 10
DRY BULK MARKET SHOOTS UP, CLOSES IN ON POST-CRISIS ERA HIGHS
In an opposite trend than that of the previous week, the Baltic Dry Index (BDI), a benchmark for tracking costs to haul commodities at sea, shot up ...


Wednesday, 26 May 10
BUMI TO CUT UP TO USD 1 BILLION DEBT IN 12 MONTHS
Press Release : PT Bumi Resources Tbk. announced yesterday that it has revived its intent to issue non preemptive shares and added this to the agend ...


Tuesday, 25 May 10
COAL PRODUCTION MAY REACH 320 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce as much as 320 million tons of coal this year, an increase of nearly 7 perc ...


   1161 1162 1163 1164 1165   
Showing 5811 to 5815 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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