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, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged * April DES cargo trades at $74.75 a tonne, down $1/T * Russia's Kuzbassrazrezugol sees ...


Monday, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...


Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...


Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed. The opinion of the Sri Lankan atto ...


Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract". Under the deal, the firm ...


   1202 1203 1204 1205 1206   
Showing 6016 to 6020 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 ...

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