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

Monday, 17 December 12
SHIP PRICES TO BOTTOM OUT IN 2013 SAYS GEORGE D. GOURDOMICHALIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship values especially in older tonnage, or even modern vessels with poor quality are expected to fall further during 2013, with the market as a who ...


Monday, 17 December 12
SYNERGISING WITH PIONEERS TO DEVELOP TOMORROW'S LATIN AMERICAN RAILWAYS
Press Release: Brazil being one of the largest country in South America has one of the most dynamic rail markets in the world. Rail transport in Bra ...


Sunday, 16 December 12
FREIGHT TREND SOFTENED THIS WEEK - VISTAAR
COALspot.com - The freight market further softened this week and closed at 784 points (down by 18.84 pct).  The cape index had the biggest fall ...


Friday, 14 December 12
GMR GROUP OF INDIA TO IMPORT 100K MT OF 4800 GAR COAL
COALspot.com: GMR Group of India to invite bids for 100,000 Metric Tons of imported non coking coal to be delivered during January and February 2013 ...


Thursday, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates ...


   891 892 893 894 895   
Showing 4461 to 4465 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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