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
Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS


China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on the year, or flat after tax effects, sources said on Thursday.

The price increase is in line with deals signed earlier in Shandong and Henan provinces, said the sources, including an executive at one of the power producers and a power industry official, both with knowledge of the negotiations.

The tonnage contracted so far, estimated at more than 100 million tonnes, accounts for up to 20 percent of the total annual coal consumption at these companies, the sources said.

"We've signed some contracts in certain regions, but deals with most of the expected regions are still up in the air," said the power company executive.

The industry official said the top five firms might sign annual deals for 200-300 million tonnes in all.

The top five state-owned power groups -- Huaneng, Datang, Guodian, Huadian and China Power Investment -- have been in talks with coal producers since December last year to try to agree contract prices.

The absence of a deal within China and the slowdown in demand overseas helped drive Chinese imports of coal to a record high in April, the last month for which data is available.

After the Henan and Shandong deals, analysts at Nomura said they expected the price to spread to the rest of China.

"We believe the rest of the coal miners in China may take the prices they have negotiated as benchmarks to finalise coal contracts in other provinces," Nomura analysts Ivan Lee and Evan Li Nomura said in a note to clients on June 5.

They said if the trend continued, it would improve earnings forecasts for the power firms' listed units: Datang Power, China Resources Power, Huaneng Power,  Huadian Power  and China Power.

Last week Chinese miner Yanzhou Coal said it had struck deals for 7.84 million tonnes with an average benchmark price of 502.62 yuan per tonne, including 4.29 million tonnes for power producers at 463.86 yuan per tonne, a 4 percent increase from 2008.

The provincial deals involve local coal mines, not top Chinese miners such as Shenhua, which has insisted this year's contract price for coal with calorific value of 5,500 kcal/kg (NAR) should rise to 540 yuan a tonne, or 17 percent higher than last year.

The power firms have so far rejected Shenhua's price, citing deep losses last year due to rising coal costs and lower power demand amid the economic downturn.

Source:http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSHA8440720090611



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

Recent News

Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points ...


Saturday, 23 July 11
PANAMAX MARKET FACED A LIMITED ACTIVITY IN ALL BASINS
Handy Atlantic softening across all segments with little fresh enquiry ex Bsea/Cont/USG and ECSA. Trips to Far east remain healthy. More cargoes ex ...


Friday, 22 July 11
MARUBENI ACQUIRING 42.86% SHARE OF YTL JAWA POWER HOLDINGS
COALspot.com - Japan’s Marubeni Corporation acquisition 42.86% stake in YTL Jawa Power Holdings BV, which owns a 35% equity interest in Indone ...


Thursday, 21 July 11
INDIA IMPORTS 36.033 MILLION TONS OF INDONESIAN COAL TILL JUNE
COALspot.com - Indonesia shipped 28.27 Million tons of coal  in June 2011, a 2.3 percent lesser than May export of about 28.962 million tons, I ...


Thursday, 21 July 11
COAL PRICES ARE AT US$ 120 A TONNE
COALspot.com - Indonesian coal production in 2011 is expected to reach 360 million tons or 5.8 percent higher than government's forecasts. The incr ...


   1034 1035 1036 1037 1038   
Showing 5176 to 5180 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 ...

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