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, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL


Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group.

The week was “very quiet,” Andrew Wells, an assistant editor at Petersfield, England-based McCloskey, said by phone. He speculated that buyers may be waiting for the Oct. 25-27 Coaltrans coal conference in London to get a better feel for the market.

Prices at Richards Bay, Europe’s main source of coal burned for power, have dropped 39% over the past 12 months as companies cut output and jobs to deal with the worst recession since World War II. The coal-market outlook “should improve significantly,” Sabine Schels, a New York-based analyst with Bank of America Merrill Lynch, wrote in a report dated Oct. 16.

The price of coal delivered to northwest Europe may climb to more than 100 a ton by the middle of next year, Schels wrote. That price rose 1.6% last week to 73.60 a ton, McCloskey data show. It has slid 38% over the past 12 months. India faces a coal shortage and state-owned Coal India Ltd. is seeking to buy overseas mines. China, the world’s most populous nation, uses and produces more coal than any other country.

Richards Bay Coal Terminal shipped 22% less of the fuel in September than a year earlier. Exports decreased to 4.16 million metric tons from 5.32 million tons, the terminal said in an e-mailed response to questions on Oct. 6, without giving reasons for the decline.

At its September shipment rate, the port will export 57.6 million tons of coal this year, compared with capacity of 76 million tons and shipments of 61.79 million tons last year. The terminal, on South Africa’s northeastern coast, is owned by the country’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc.

Power-station coal prices at the Australian port of Newcastle, a benchmark for Asia, fell 1.3% to 70.97 a ton in the week to Oct. 16, according to the globalCOAL NEWC Index. While Richards Bay is the world’s biggest coal-export terminal, Newcastle ships more of the fuel from two terminals.

The volume exported from Newcastle in the week ended 7 a.m. local time today dropped to 1.92 million tons from 2.01 million tons a week earlier, Newcastle Port Corp. said on its Web site. Nineteen ships, waiting to load 1.44 million tons of coal, were outside the harbor, down from 25 vessels.
Source: Business Day,UK Reuters,Bloomberg



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

Recent News

Tuesday, 11 August 09
ZAMBIAN COAL BUYERS CONTINUE IMPORTING COAL FROM ZIMBABWE
Lusaka Times reported that, Coal mining companies have bemoaned the lack of market for their produce as prospective buyers continue importing the co ...


Monday, 10 August 09
NOMINAL HIKE IN COAL PRICES SOON - MEDIA
The hindu business reported that, a marginal hike in coal prices is in the offing. "I will be soon approaching the Prime Minister on the matter ...


Monday, 10 August 09
MANGALAM CEMENT PLACES ORDER FOR CAPTIVE POWER PLANT
Steel Guru reported that, Mangalam Cement Ltd has announced that the company on August 6th 2009 finalized order for Captive Thermal Power Plant of 1 ...


Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES
VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same p ...


Monday, 10 August 09
S.KOREA KOSPO ISSUES SPOT, TERM COAL TENDERS
Korea Southern Power Co Ltd (KOSPO) is seeking 1.5 million tonnes of steam coal per year for delivery from October 2009 through September 2012 via a ...


   1302 1303 1304 1305 1306   
Showing 6516 to 6520 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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