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

Saturday, 10 September 11
THE FREIGHT MARKET LIKELY TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - The freight market continued the upward trend during last week with BDI crossing 1,800 points and closing at 1,838 points up by 5.63 ...


Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
The Jakarta Post reported that, Coal miner PT Supra Bara Energi says it has secured a US$20 million loan facility from BNP Paribas to buy heavy equi ...


Friday, 09 September 11
CAPESIZE CAN SECURE USD 17-18K SHORT PERIOD - FEARNBULK
Handy The US Gulf has remained relatively steady, slightly more activity in the South Atlantic with owners aiming for low to mid USD 20k´s f ...


Thursday, 08 September 11
UKRAINES COAL PRODUCTION TO RISE 8% - IFANDP
Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...


Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...


   1017 1018 1019 1020 1021   
Showing 5091 to 5095 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 ...

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