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

Thursday, 19 May 11
INDONESIAN COAL EXPORTS DROP 7.98 PERCENT IN APRIL
COALspot.com - Indonesian coal exports dropped to 2.168 million  tons in April, and up 7.13 percent on the year and 7.98 percent below March, a ...


Thursday, 19 May 11
OVERSUPPLY, VERY LARGE ORE CARRIERS EAT UP ON DRY BULK FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a brief upward momentum which ended early last week, the Baltic Dry Index, the dry bulk market’s benchmark has returned to its usual pat ...


Wednesday, 18 May 11
THE US COAL INDUSTRY LOGGED EXPORTS OF AROUND 25M TONNES IN 1Q OF 2011 - BRS
Another slow decline in the bulk markets this week, with the BCI losing the most at nearly 5%, the BPI 2.8% and the smaller sizes sub-1% amounts. Th ...


Wednesday, 18 May 11
AKR AIMS TO SELL COAL WORTH RP216 BILLION - PAPER
Bisnis Indonesia, an Indonesia's one of the leading business paper reported that, PT AKR Corporindo Tbk has targeted coal sales valued at Rp216 bil ...


Wednesday, 18 May 11
OVERHAUL OF MINING LAW MAY DETER INVESTMENT, S&P SAYS - THE JAKARTA GLOBE
The Jakarta Globe, an Indonesian English language news paper reported that, A report by Standard & Poor’s Ratings Services that a regulatory ...


   1050 1051 1052 1053 1054   
Showing 5256 to 5260 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 ...

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