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

Friday, 08 May 09
INDONESIAN STATE AUDIT BOARD COULD ONLY REACHED A SMALL NUMBER OF KP AND PKP2B - MAJALAHTAMBANG
THE LACK of personnel and the very limited time period have been the reasons why the 2nd semester of the special purpose audit for coal mining ...


Friday, 08 May 09
B.C.'S MINING INDUSTRY HIGH COAL PRICES TO RECORD 2008 PROFITS - PAGUNTAKA
AGGREGATE pre-tax earnings rose to $3.2 billion, the highest amount in the 41-year history of a PricewaterhouseCoppers survey. B.C.’s minin ...


Thursday, 07 May 09
ASIA COAL-PRICES EASE TO NEAR $63 ON DEMAND CONCERNS - REUTERS
AUSTRALIAN thermal coal prices, a benchmark for Asia, edged lower to around $63 a tonne on concerns over demand, after hitting a two-week high of $6 ...


Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine mo ...


Tuesday, 05 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE - BLOOMBERG
COAL shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 18 percent last week while the numb ...


   1352 1353 1354 1355 1356   
Showing 6766 to 6770 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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