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, 15 August 16
INDONESIAN COAL PRICES RALLYING; COAL OUTPUT REMAINS FLAT
Coal excavatorCOALspot.com: Global thermal coal prices, including Indonesian coal prices have risen sharply due to jump in imports from China as it curbs domestic output.

Indonesia coal prices are rallying along with the global coal prices since April 2016. The Asian benchmark thermal coal prices have climbed significantly since April and now at around $65 per ton. An Indonesian coal miner is expected,  the Asian benchmark prices may go up further and can reach at around $ 70 – 75 by the end of this year or early next year, however, the price rally depends on China’s moves.

Average 5000 GAR coal index of Indonesian origin rose 10.84% since 15 April 2016 to averaging $42.84 per ton this past week, showing the CS (i) Coal Index weekly closing figures.

The CS (i) Coal index is newly established an independent coal benchmark forecast for Indonesian particular coal types.  The CS (i) Coal indices are generated through a Technology aided system, based on COALspot’s own proprietary algorithm requiring minimal human involvement.  Therefore, these can be considered as a set of highly transparent  & realistic indices for the Indonesian coals of 5700, 5000, 4200 and 3800 GAR grades.

The current price rally purely because of China’s coal production policy. According to a miner, the China has decided to cut around 250 million tons of coal by the end of this year. So far or January to July 2016, the China has successfully cut around 90 million tons. The Indonesian domestic coal demands also slightly increase and the demand is expected to continue further in coming years.

Commenting on the coal price rally, a miner says that, the coal prices are expected to further strengthening coming months as China still maintains its production policy. Unless the China, one of the world’s largest coal producer and importer, alter its current restriction on coal production, the prices are expected to be high and it will continue to move upward.

Whether the Indonesian big scale coal miners are planning to increase output in the near future to enjoy the high coal prices?

It seems that the Indonesian coal producers were not planning to boost output to enjoy the recent coal price hikes at any time soon, as, according to them, the current price levels are not enough or it is not encouraging levels for them to review their coal output plan. They say, the Indonesian coal output in 2016 remains low compared to last year’s output.

Another miner also reflected the same view. “ We do not increase our output, the current price hike is not enough to cover long-term production cost”, he says when we ask whether there is any plan to review the coal production plan based on the current price levels.


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

Recent News

Monday, 25 July 16
THE BDI FELL ON WEAKER RATES FOR CAPESIZE & PANAMAX VESSELS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Cape and Panamax segments ending in neg ...


Friday, 22 July 16
U.S COAL OUTPUT ROSE 17.2% WEEK OVER WEEK - EIA
COALspot.com – U.S, world’s second largest coal producers has produced approximately totalled an estimated 15.1 million short tons (mms ...


Thursday, 21 July 16
WHAT TO DO WHEN YOU DON'T GET PAID - SHIPOWNERS CLUB
Present market conditions have led to an increase in claims related to unpaid hire. To recover unpaid hire, Owners need to fully understand who the ...


Thursday, 21 July 16
CONSTRUCTIVE TOTAL LOSS: WHAT GOES IN TO CALCULATING QUANTUM? - HILL DICKINSON
KNOWLEDGE TO ELEVATE The Commercial Court recently delivered its judgment in an important case (Connect Shipping Inc and Machrimar Management ...


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 ...


   469 470 471 472 473   
Showing 2351 to 2355 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 ...

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