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

Tuesday, 22 February 11
SUPRAMAX MARKET IS IMPROVING IN THE PACIFIC
BRS - A 10% rise in the BDI this week, mostly on the back of Panamax rates and improvements in the Supramax market in the Pacific. For the Capes, ra ...


Monday, 21 February 11
CHURCHILL MINING RECEIVES SIGNIFICANT INTEREST, PROPOSALS TO DEVELOP EAST KUTAI COAL PROJECT - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining  has received a number of specific proposals to fund and develop its massive East Kutai coa ...


Monday, 21 February 11
ABOLISH 5% DUTY ON COAL IMPORTS: SHINDE
Indian Express reported that, with acute coal shortage of domestic coal threatening to destabilise its power generation plans, the power ministry ha ...


Saturday, 19 February 11
THE FREIGHT MARKET EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market was quite firm this week with freight rates in South east asia and India/Feast almost up by 30 pct. However towards end ...


Thursday, 17 February 11
COAL-GEN EUROPE 2011 REAFFIRMS THE IMPORTANCE OF COAL
Press Release: The third COAL-GEN Europe conference and exhibition, kicked off on Tuesday 15 February, with leading experts, professionals and compa ...


   1073 1074 1075 1076 1077   
Showing 5371 to 5375 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 ...

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