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, 07 August 09
COAL-PRICE FORECAST RAISED AT MERRILL ON CHINA, INDIA DEMAND


Bloomberg reported that, Bank of America Corp.’s Merrill Lynch & Co. unit increased its price forecast for Asian power-station coal because of higher demand from India and China, the second-largest energy-consuming nation.

Merrill raised its projection for the benchmark coal burned by Japanese utilities in the year ending March 31, 2011, to $85 a metric ton from $80, analysts wrote in a note to clients dated yesterday. Goldman Sachs JBWere Pty. last month increased its forecast to $80 from $75 for the same period.

“Surprise strong buying by utilities in India and China” is driving thermal coal demand, Merrill analysts led by Sydney- based Stuart Howe said in the note. Prices at Australia’s Newcastle port, an Asian benchmark, have climbed 27 percent since the end of March and were at $76.58 a ton in the week ended July 31, according to the globalCOAL NEWC Index.

Power-station coal prices at Newcastle are rising on expectations that China will import more of the fuel, emerging demand growth in India, and improved economic conditions as credit markets recover, Merrill said.

Australian and Indonesian coal output have the biggest influence over the trade supply outlook, Merrill said. Rising production costs, declining exploration and development success, and rain in Indonesia suggest “supply growth is now limited,” Merrill said.

Source: Bloomberg



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

Recent News

Tuesday, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal ...


Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...


Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...


Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...


Sunday, 28 June 09
INDIA CEMENTS TO INVEST RS 1,500 CR OVER 2 YEARS
Chennai-based India Cements is planning to invest around Rs 1,500 crore over the next two years for setting up a greenfield project in Rajasthan, po ...


   1327 1328 1329 1330 1331   
Showing 6641 to 6645 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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