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
Wednesday, 28 October 09
AUSTRALIAN POWER STATION COAL PRICE TOPPED USD 73 A TONNE


Reuters reported that prices of power station coal in Australia, a benchmark for Asia, crept up for the fourth week and topped USD 73 a tonne, as a continued rally in Chinese domestic coal prices fuelled expectations of strong imports through the rest of the year.

A coal trader based in Jakarta said that "Chinese demand for Indonesian material is still very strong and imports could go even higher in the coming months as domestic prices climb higher."

Thermal coal prices on the globalCOAL Newcastle weekly index, a benchmark for Asia, rose by USD 1.06 or about 1.5% from a week ago to USD 73.13 a tonne, based on free on board prices at Australia's Newcastle port.

Spot thermal coal prices in China have risen for the sixth straight week to strike a new 2009 high, thanks to increasing winter heating demand and recovering power consumption on the back of a stronger economy.

Although it remains uneconomical for China to import Australian coal due to high freight charges, the ongoing flow of Indonesian coal imports by Chinese buyers has helped tighten supplies in the Asia Pacific market.

An unexpected surge in Chinese imports this year has been the saving grace for Asia's coal prices, which have recovered much faster than prices in Europe and South Africa, and have mostly traded at a premium to other region's supplies.

Trade sources said that strong Chinese demand, combined with slower Indonesian production due to the rainy season, has helped pare some of the excess supplies that inundated the market in September and has in turn lifted producers' offer prices.

Traders and producers said they were optimistic about prices for the rest of the fourth quarter, citing strength in Chinese and Indian imports, and possible fresh demand in the traditional North Asian markets over the winter heating season.

Prices of top grade coal at China's top coal port Qinhuangdao gained CNY 5 to CNY 20 to a range of CNY 655 to CNY 680 a tonne this week, while coal with a calorific value of 5,500 kilo calorie per kilogram was quoted at CNY 620 to CNY 640 a tonne.

China coal imports rose 7% MoM in September to 12.55 million tonnes, with tight domestic supply that made imports attractive likely to continue at least through the end of the year.
Sourced from SteelGuru



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

Recent News

Monday, 24 October 11
CAPESIZE RENTAL RATES RISE FOR THIRD DAY AS MORE SHIPS HIRED - HELLENIC SHIPPING
Rates to hire capesize vessels advanced for a third day on signs of increased demand to transport iron ore, used to make steel.Daily rates for the s ...


Sunday, 23 October 11
CHINA LOOKING TO RESELL INDONESIAN COAL CARGOES - BARCLAYS
Commodity Online reported that, Anecdotal evidence has suggested that China is even looking to resell Indonesian cargoes back into the seaborne coal ...


Saturday, 22 October 11
THE SHORT-PERIOD RATES FOR PANAMAX REMAINED FIRM - CAPT. REDDY
COALspot.com - "The market seemed to slow down a bit this week, and all sectors were down by about One to five percent", said Capt. Reddy, ...


Saturday, 22 October 11
WILL THE PROPOSED 26 PERCENT PROFIT SHARING CLAUSE IN THE MINING BILL SPEED UP THE PRODUCTION OR SCARE AWAY INVESTORS? - DIPESH DIPU
A draft law has been approved by a ministerial panel headed by Finance Minister Pranab Mukherjee of India which, if passed by the Cabinet, will make ...


Saturday, 22 October 11
INDONESIA'S GOLDEN ENERGY SLASHES ITS IPO PRICE - THE JAKARTA GLOBE
The Jakarta Globe reported that, Golden Energy Mines, a coal mining company affiliated with Sinar Mas Group, lowered its target in an initial public ...


   1002 1003 1004 1005 1006   
Showing 5016 to 5020 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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