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, 08 April 19
THERMAL COAL PRICES FALL, INDIAN POWER PLANTS TO SEE LIMITED GAINS - BUSINESS STANDARD
Thermal coal prices are on a downward spiral globally. Australian coal prices have fallen nearly 20 per cent in the past week, and 40 per cent from their peak of 2018, according to Reuters.
 
For domestic power producers, that import coal, this should come as good news. However, the extent of benefit will be limited as Indian firms import largely from Indonesia and South Africa.
 
“India does not import much from Australia. The decline is more volatile and is not meaningful for companies to strategise accordingly. There may be some cost advantage due to the fall, but it will not be significant,” said Sharad Mahendra, chief operating officer – energy business, JSW Energy.
 
Australian coal saw its steepest decline in prices in the past decade, hurt by a weak global growth and lower demand.
 
“The recent fall in global coal prices — Indonesian coal is down 14 per cent while South African coal has declined 21 per cent in the past six months — is driven by various external factors. The change in investment sentiment in Japan to move away from coal projects, and the record increase in coal production in China and its plans to open new mines are impacting the demand for imported coal,” said Kameswara Rao, partner with PwC India.
 
JSW Energy, Tata Power and Adani Power use imported coal in their plants and stand to benefit from any downward movement in international coal prices.
 
Mahendra said while Australian coal prices are influenced by Japanese demand, China decides the fate of coal from geographies like Indonesia. “Prices for South African coal have seen a drop in the past six months, while Indonesian prices are determined more by the changes in global demand,” he said.
 
According to the Department of Commerce, coal imports from Australia stood at 3.33 million tonnes between April 2018 and January 2019, while imports from Indonesia and South Africa in the same period were at 81.95 million tonnes and 23.69 million tonnes, respectively.
 
India’s overall coal imports in the first 10 months of financial year 2018-19 (FY19) were 124.4 million tonnes, up 6.75 per cent on a year-on-year basis.
 
“As India’s coal imports are growing at a lower pace than before, global coal prices should continue to soften,” Rao said.
 
Officials from JSW Energy said the current fall in prices comes at a time when India will enter a lower power demand period because of monsoons, while peak summer supplies have been tied up.
 
“Contracts from June onwards will be entered into now, with power demand expected to be lower during monsoons in India, it may not lead to a rise in imports from where it currently is,” Mahendra added.
 
However, below-normal rains knocking off the hydro capacity may later have an opposite effect.
Source: Business Standard


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

Recent News

Wednesday, 10 April 19
KOSPO INVITED BIDS FOR 160K MT OF MIN. 3700 NCV COAL FOR JUNE LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 160,000 MT of min. 3,800 Kcal/kg ~max.4,100 ...


Wednesday, 10 April 19
CHINA'S GROWING THERMAL COAL SUPPLY TO PRESSURE EXPORTERS - FITCH RATINGS
Growing Chinese thermal coal supply is likely to lead to further tightening of import controls by the government, putting pressure on seaborne coal ...


Wednesday, 10 April 19
SHIPPING MARKET INSIGHT - INTERMODAL
The tragedy in Brazil’s Vale Brumadinho where a tailings dam collapsed in January ranks among the world’s worst mining disasters. It co ...


Monday, 08 April 19
5TH INDIA NUCLEAR NEW BUILD CONGRESS 2019
5th India Nuclear New Build Congress 2019   The congress in Mumbai aims to bring together representatives from governments, regulators ...


Monday, 08 April 19
CHEAP COAL SWELLS IN SOUTHEAST ASIA, FOILING GLOBAL GREEN PUSH - NIKKEI
Southeast Asian countries are turning to low-cost coal to satisfy their surging electricity demand as the West shies away from the fossil fuel unde ...


   284 285 286 287 288   
Showing 1426 to 1430 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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