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
Wednesday, 05 June 13
DON'T AVOID PAYING COAL ROYALTY TO THE GOVERNMENT - INDONESIAN ENERGY MINISTER


COALspot.com – “Every country has the right to make policies to protect their national interests”, Energy and Mineral Resources Minister of Indonesia Jero Wacik replied to a question related to China’s proposed import ban on low calorific value coal on the sidelines of the 19th CoalTrans Asia conference at the Bali International Convention Center in Nusa Dua, Bali. The minister further said, the government would increase coal exports to other countries, including India, look to new markets and encourage domestic consumption, if China imposes the ban on lower grader coal.

According to minister demand for coal is still high, and it will continue to be increases. The current low prices are just for temporary period, and the coal prices will increase again soon once world economy returns to its normal condition.

“Don’t avoid paying coal royalty to the government”, he requests coal producers to pay the royalty on time as per the government regulation.

China is reportedly considering to ban imports of lower calorific value coal because these types of coal create high pollution. China’s decision, if implemented, would hurt Indonesia’s low calorific value coal producers. In the meantime, it will be benefited for high calorific value producers. The  Chinese coal buyers as well as Indonesian coal suppliers were saying, during 19th CoalTrans Asia conference, China is considering banning coal with calorific value below 3700 on NAR basis instead of previously 4540 NAR coal.  However,  some of the participants of coal conference are in an opinion that, the ban will not be implemented immediately.

In the meantime, the demand for 3800 GAR to 4200 GAR coal is still high and Indian buyers are looking for similar coal for Indian market.

“The demand is there, but the asking prices for 3800 GAR coal are very low”, said a coal producer. According to the producer, who is producing coal from central Kalimantan, the bids are around US$ 35 per MT fob vessel, which is far below than current offer prices. 

In the meantime, a south Sumatra coal producer said, the price differences between their offers are bids that they are receiving is very narrow.  “ The difference between our offer and bids are around US$ 0.50 to US$ 1 per ton” said the same producer who is producing around 100,000 tons of coal every month.

The immediate future of coal market direction is unpredictable at this moment. No stakeholder of coal industry is able to give a firm forecast neither on direction of coal market nor price.   



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

Recent News

Tuesday, 04 June 13
WOOD MACKENZIE SAYS THE CHINA'S THERMAL COAL DEMAND WILL REACH NEARLY 7BTPA BY 2030
COALspot.com - The Illusion of Peak Coal' says that despite efforts to limit coal consumption and seek alternative fuel options, China's strong ap ...


Saturday, 01 June 13
COAL PRICES STRUGGLE TO FIRM UP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have gained  0.18 percent  week on week and 0.03 percent ...


Saturday, 01 June 13
THE FREIGHT MARKET FOR S7 AND S8 SECTORS ARE EXPECTED TO BE SOFT - VISTAAR
COALspot.com – The freights are remains weak week ended 31 May 2013, as BDI fell 2.05 pct and closed at 809 points on 31 May 2013. The Cape ...


Friday, 31 May 13
US PRODUCED 18.5 MILLION SHORT TONS OF COAL W/E 25 MAY 2013
COALspot.com – United states the world’s second largest coal producer produced totalled approximately 18.50 million short tons (mmst) of ...


Thursday, 30 May 13
HANDY: RBCT ROUND WAS AROUND USD 9K + 300 BB - FEARNRESEARCH
Handy THE Atlantic market remained flat. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 12k. The Pacific market remained quiet with no ...


   851 852 853 854 855   
Showing 4261 to 4265 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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