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
Saturday, 12 January 13
HIGHER COAL PRICES: SEASONAL EFFECT


COALspot.com : Bahana Securities, one of the leading securities in Indonesia, said in its latest coal outlook that,  on US and China’s moves to shale gas, we remain bearish on coal’s long term outlook. Coal counters’ 1M price outperformance’s are mainly on seasonal effect which raised global coal prices by some 16% from its bottom in November 2012.

The market was also buoyed by positive news from China, the world’s largest coal importer, which posted November coal import of 29m tons (+35% m-m and +31% y-y), the highest in the past 4 years. However, we believe conditions are temporary on winter restocking with coal prices to normalize in 2Q13.

Coal prices to normalize in 2Q13
Irwan Budiarto, an analyst from Bahana Securities commented on the recent report, historically, coal prices tend to move up in 4Q due to winter restocking activities, resulting in China’s coal imports being the highest in the last quarter of the year. However, setting aside the winter restocking factor, we believe that medium-term coal demand will not pick up in a meaningful manner as electricity demand from three big coal importers (approximately 40% of total global coal imports), namely China,  South Korea and Japan does not show any signs of improvement. 

We also note that historically coal prices in 4Q-1Q would usually increase by 2%-28% before normalizing in 2Q. Hence, as coal prices have risen 16% since early November 2012, we believe there is limited potential for further coal price strengthening, analyst said

Bahana maintains 2013 coal price assumption at USD82/ton (-15% y-y), given continued uncertainties in global outlook, temporary restocking condition, increasing coal output and US industrial users’ switch to shale gas.



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

Recent News

Tuesday, 15 January 13
GRANT SMITH APPOINTED GROUP MANAGING DIRECTOR OF BRAEMAR ADJUSTING
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effe ...


Tuesday, 15 January 13
2ND MYANMAR MINING SUMMIT & OFFICIAL HOST MINISTRY OF MINES TO WELCOME OVER 200 DELEGATES NEXT WEEK
Press Release: The Ministry of Mines is hosting the 2nd Myanmar Mining Summit in Yangon on 21-24 January to unravel the local mining climate, prospe ...


Monday, 14 January 13
NEWCASTLE PORT SHIPPED 2.32 PERCENT LESS COAL W/E 14 JANUARY 2013
COALspot.com - Newcastle port in Australia has loaded 3,123,312 MT of thermal and coking coal for week ended  0700 hours 14 January 2013, Newca ...


Monday, 14 January 13
THE COAL MONGOLIA - 2013 OFFICIALLY IN COOPERATION WITH TOP MINING COMPANIES
Press Release: Mongolian first mining portal site Mining.mn has already started its preparation of the International Conference “COAL MONGOLIA ...


Monday, 14 January 13
NTPC INVITES BIDS FOR 500K MT OF IMPORTED COAL
COALspot.com - NTPC Limited (formerly National Thermal Power Corporation) is the largest Indian state-owned electric utilities company called for a ...


   883 884 885 886 887   
Showing 4421 to 4425 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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