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, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site,  Challenger Deep Res ...


Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...


Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...


Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...


Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points. Also the Cape in ...


   1111 1112 1113 1114 1115   
Showing 5561 to 5565 news of total 6871
News by Category
Popular News
 
Total Members : 28,693
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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