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

Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...


Wednesday, 15 December 10
SMALLER DRY BULK VESSELS ARE LOOKING UP, LARGER ONES FAIL TO DELIVER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market lost further ground at the beginning of the week, in what could prove one of the slowest periods ship owners have been faced. Ye ...


Tuesday, 14 December 10
COAL IMPORTS MAY INCREASE 78% TO CHINA, INDIA: ENERGY MARKETS - BUSINESS WEEK
Business Week reported that, China and India may increase imports of coal by 78 percent to 337 million metric tons next year, further driving up pri ...


Tuesday, 14 December 10
BANPU PLANNING PRODUCTION BOOM - BANGKOK POST
Australian, Indonesian output to lead growth Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, wants to nearly double its coal ...


Tuesday, 14 December 10
THE FREIGHT RATES FROM INDONESIA TO INDIA AND CHINA REMAINED FIRM - CAPT. REDDY
COALspot.com - The freight market continued to be soft with the Cape sector most effected which was down by 289 points  and closed at 2,694 poi ...


   1097 1098 1099 1100 1101   
Showing 5491 to 5495 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 ...

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