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, 28 May 11
WCI-CHINA RATES SLIDED TO 15K AND FROM ECI AROUND 12K - FEARNLEYS AS
Handy Rates in the Atlantic remain steady/flat with the Black Sea remaining quiet with little fresh enquiries. The Continent is seeing more tonnag ...


Saturday, 28 May 11
GOLDEN MINES IPO AT RP 2,300 - RP 3,500
Coal miner PT Golden Energy Mines, a wholly owned subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) which is controlled by Indonesian businessman ...


Friday, 27 May 11
LARGER DRY BULK CARRIERS LEAD BDIS RALLY THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Larger dry bulk vessels have kept on leading the market’s rise this week, with the BDI (Baltic Dry Index) rising by a more than healthy 3.43% ...


Wednesday, 25 May 11
70 PERCENT OF HARUMS PRODUCTION SOLD - BISNIS INDONESIA
Coal producer PT Harum Energy Tbk claimed that out of this year's total production target of 10 million tons, 70% or 7 million tons had been sold, ...


Wednesday, 25 May 11
MINERS BACK GOVT PLAN TO FREEZE MINING PERMITS - THE JAKARTA POST
Indonesian coal miners hailed the government’s decision to impose a moratorium on the issuance of new mining permits, saying the freeze would ...


   1048 1049 1050 1051 1052   
Showing 5246 to 5250 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 ...

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