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

Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono  said during McCloskey Asia P ...


Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...


Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...


Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...


Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...


   1100 1101 1102 1103 1104   
Showing 5506 to 5510 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 ...

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