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

Tuesday, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...


Tuesday, 29 March 11
DUTY EXEMPTION UNLIKELY TO IMPACT COKING COAL PRICES - PTI NEWS
Press Trust of India News reported that, the exemption to certain types of coking coal from customs duty is not likely to impact steel prices at pre ...


Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES
Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight in ...


Monday, 28 March 11
IBT RAISES CAPACITY OF PULAU LAUT TERMINAL - THE JAKARTA POST
The Jakarta Post reported that, coal infrastructure and logistics firm PT Indonesia Bulk Terminal (IBT), a subsidiary of PT Adaro Energy Tbk, plans ...


Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY
COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore. Howeve ...


   1064 1065 1066 1067 1068   
Showing 5326 to 5330 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 ...

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