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, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...


Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...


Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...


Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing. The BD ...


Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...


   1163 1164 1165 1166 1167   
Showing 5821 to 5825 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 ...

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