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, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS


Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fresh tenders for Indonesian and South African coal for delivery from September, Indian traders said.

"They are all coming back to the market now. Coal prices have been very stable and buyers can see there's unlikely to be much volatility in the next few months, maybe $5.00-$10.00 maximum so they are keen to secure tonnage," said an Indian trader who is one of the country's largest importers.

India needs to import up to 70 million tonnes of coal in 2009 to bridge the gap between domestic output and demand. The bulk will be low-grade Indonesian material but up to 20 million tonnes will come from South Africa, and a smaller portion from Australia and Russia.

India's booming demand for South African coal for use in cement and sponge iron production has been by far the biggest price-supporting factor for FOB Richards Bay prices.

South African coal prices have hovered at around $60.00-$65.00 a tonne FOB Richards Bay for over two months.

Freight rates have risen sharply over the course of the year but Indian end-users are resigned to having to pay $80.00-$90.00 a tonne CIF for coal, traders said.

TENDERS ISSUED THIS WEEK

* Ultratech, one of India's largest cement makers, for 500,000 tonnes of South African coal for September-December delivery. Ultratech will negotiate final prices next week.

* State utility Kolkata Electric for 150,000 tonnes of Indonesian coal. This is a private tender issued to qualified participants run directly by the utility rather than state coal buyers such as MMTC or NTPC.

* Gujarat Narmada Valley Fertilizers Ltd (GNFC) is seeking 130,000 tonnes of coal with an extra optional 130,000 tonnes all for delivery in the balance of 2009.

* MMTC's tender in June for 12.5 million tonnes of coal will be re-issued any day now with fresh contract terms approved by the Ministry of Commerce. The 12.5 million tonnes is expected to be split among several suppliers with less onerous performance bond conditions than in the original tender.

Source: Reuters



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

Recent News

Monday, 17 August 09
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...


Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...


Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...


Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...


Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying po ...


   1299 1300 1301 1302 1303   
Showing 6501 to 6505 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 ...

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