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, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...


Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale. RTE News reported that, Global resources giant ...


Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
  Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million. The global resources giant ha ...


Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
  COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011. The holiday season seems to have severely affected the fr ...


Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...


   1092 1093 1094 1095 1096   
Showing 5466 to 5470 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 ...

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