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, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...


Wednesday, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...


Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...


Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...


Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct. The BD ...


   1152 1153 1154 1155 1156   
Showing 5766 to 5770 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 ...

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