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

Saturday, 27 March 10
CHINA TO REMAIN NET COAL IMPORTER IN NEAR FUTURE - STEEL GURU
Xinhua News cited Mr Wu Chenghou a councilor with the China Coal Transportation and Marketing Association as saying that China will remain a net coa ...


Friday, 26 March 10
CHINA PLANS TO INCREASES IMPORT COAL GREATLY IN 2010
– Asia Pacific Coal Trading & Investment Outlook 2010- COALspot.com (Press Release): China plans to increase coal import significantly ...


Friday, 26 March 10
NTPC IN TALKS FOR INDONESIAN MINE - LIVE MINT
The deal for the coal mine with 1.8 bn tonnes of reserves may be valued at $1 bn Live Mint reported that, State-run power utility NTPC Ltd is in ta ...


Friday, 26 March 10
ESSAR GROUP SIGNS DEAL FOR INDONESIAN COAL MINE - BUSINESS LINE
Looking ahead The coal from the Indonesian mine would provide raw material to the group's power projects The Aries coal mines acquired by the gro ...


Thursday, 25 March 10
CHINA RAILWAY WINS $4.8 BILLION INDONESIA PROJECT - BLOOMBERG
Bloomberg reported that, China Railway Group Ltd. won a $4.8 billion order from PT Bukit Asam, Indonesia’s state-owned coal producer, for a co ...


   1183 1184 1185 1186 1187   
Showing 5921 to 5925 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 ...

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