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
Monday, 18 April 16
SOUTH AFRICA RB1 COAL HAS LOST GROUND IN INDIA; RB2 MAY LOSE GRIP IF THE PRICE CROSSES US$ 50 A TON - TRADERS
Coal StockCOALspot.com: Indian coal consumers preferred to buy South Africa RB2 coal instead of RB1 coal recent months due to RB2's low CFR price level. According to an Indian coal trader, due to the pricing structure of RB2 coal, Indian consumers are preferred to stay with RB2 coal, the CFR price of RB2 coal is significantly lower compared to RB1 coal price. The RB1's high energy value is not supported to keep its market share in India and lost its majority of market share to RB2 coal.

However, the trader further noted that RB2 coal can enjoy its demand in India until the coal’s CFR price is able to compete with Indian washed coal of 4700 GAR energy. Sea Freight is also playing a significant role to keep South African RB2 coal competing in India. According to the trader, if RB2 coal's CFR price crosses US$ 50 per ton, the coal may lose demand in India as evaluated price of Indian washed coal will compete with RB2 on delivering basis.

Coal India, the single largest coal producer in the world, is now operating like a private coal miner and removing most of the hurdles that worked against buyers of Indian coal in the past, says a person familiar with the Indian domestic coal supplies. The coal India is now working with buyers of Its coal too closely and offering attractive terms to compete with imported coal. Recently Coal India has also removed premium that charged to buyers in the past if the buyer's requirement exceeds their allocation.

According to a trader, the quality of Indian washed coal is almost similar to RB2 coal except for energy value. When RB2 coal prices cross US$ 50 a ton, then the evaluated price of Indian washed coal will compete head-to-head with RB2 coal in Indian domestic market. The Cement producers. whose factories are closer to the Indian coal belts, considering switching part of their requirements to Indian washed coal from RB2 coal because the CFR price of RB2 coal is now touching US$ 50 a ton. However, he also pointed that, RB2 coal's demand will not be dried up like RB1 coal and the demand for RB2 coal may reduce from the current level.

RB2 coal's CFR prices were around US$ 44 per ton end of 2015, however, the price of RB2 coal now at (slightly below) US$ 50 per ton.

Commenting on Australian coal supplies to India, another trader said that, the Australian coal is having good demand and reception in Indian market. However, due to uncertainty of arrival of cargo within agreed lay-can, Indian end-users are reluctant to consider Australian coal compare to Indonesian or South African coal. Past few months, some of Australian coal shipments were failed to arrive at discharging ports within the agreed lay-can due to congestion in Australian coal exporting ports.

Indian private sector coal demands were flat or up slightly, but the public sector demands were falling, Indian domestic coal replacing Imported coal in the Public sector.

The demand of Imported coal in India in the second half of this year may fall slightly compared to previous years due to high output from coal India, wind power & hydro energy. However, the CFR price of imported coal will also play a significant role to decide the direction of demand for imported coal in India.

Hydroelectric power in India, according to Wikipedia, the present installed capacity as of February 2016 is 42,663 MW, which is 15.22% of total electricity generation in India. India Meteorological Department (IMD) on Tuesday (12 April) released southwest monsoon forecast for 2016 and said that 94 per cent of more than excess to heavy rainfall is predicted for this year. According to IMD, this year monsoon will be above normal. More or less, Monsoon 2016 is expected to be good.

Wind power accounts nearly 8.5% of India's total installed power generation capacity and generated 28,214 million Kwh (MU) in the fiscal year 2014-15 which is nearly 2.6% of total electricity generation, says Wikipedia. The capacity utilization factor is nearly 15 % in the fiscal year 2014-15. 70% of wind generation is from May to September, coinciding with South West monsoon duration.


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

Recent News

Wednesday, 20 July 16
EDIBLE OIL MARKETS ACROSS THE GLOBE REMAIN UNDER PRESSURE - STELIOS KOLLINTZAS
The edible oil markets across the globe remain under pressure on the back of lackluster demand. Some of the main factors causing the low activity a ...


Tuesday, 19 July 16
INDONESIAN THERMAL COAL INDEXES CONTINUALLY FIRM UP ON ROBUST BUYING INTEREST - CS COAL INDEX
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose One percent week over week to averaging $40.38 per ton this past week, shows CS ...


Monday, 18 July 16
FROM PIT TO PORT: DRY BULK NEEDS A NEW PATH TO PROFITABILITY - TOC EUROPE
During the golden years for commodities, from 2005 to 2014, high demand and big profit margins pushed companies to produce more and more, sacrifici ...


Monday, 18 July 16
BALTIC DRY INDEX REMAIN FIRM, UP BY 5.97 WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to remain firm with all segments ending in posi ...


Friday, 15 July 16
US COAL PRODUCTION DOWN 8.4% WEEK-OVER-WEEK
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 12.9 million short tons (mms ...


   470 471 472 473 474   
Showing 2356 to 2360 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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