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

Wednesday, 21 April 10
INDONESIA SHIPPED 13.24 PERCENT MORE COAL IN MARCH THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 27,615,191 MT of coal in March 2010, compare to 24.38 million tons in January and ...


Tuesday, 20 April 10
INDO HARUM ENERGY WINS US$200MN LOAN PLEDGE FROM BANK SYNDICATE
Indonesian coal producer PT Harum Energy has secured a loan commitment of US$200 million from a syndicate of six banks. Bank of Tokyo Mitsubishi ...


Tuesday, 20 April 10
PACIFIC SUPRA MARKET WAS STILL SOFTENING - BRS
A modest increase in dry bulk rates this week with activity picking up in the middle of the week. Panamax rates remain above the Capes, and there wa ...


Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several ...


Monday, 19 April 10
WHITE ENERGY BUYS SA COAL - ABC NET
ABC Net reported that, South Australian Coal Limited is being bought by the New South Wales company White Energy. Shareholders will get a combine ...


   1173 1174 1175 1176 1177   
Showing 5871 to 5875 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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