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, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...


Wednesday, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...


Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...


Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...


Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders * End-users wait for price falls before tendering Indian coal traders responsible for the bulk of ...


   1201 1202 1203 1204 1205   
Showing 6011 to 6015 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 ...

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