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

Tuesday, 16 February 10
LAW POSES THREAT TO INDONESIA'S COAL INDUSTRY
A zoning law could cost coal miners billions of dollars this year alone, hurt investment in the industry and disrupt the supply of the fuel to the c ...


Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...


Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...


Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...


Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...


   1197 1198 1199 1200 1201   
Showing 5991 to 5995 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 ...

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