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

Monday, 28 December 09
INDONESIAN MINER LINKED TO FUGITIVE FINANCIER
The Energy Ministry is unlikely to approve the transfer of ownership of coal miner PT Riau Baraharum on allegations it is indirectly owned by fugiti ...


Monday, 28 December 09
SOMALI PIRATES SAY $4 MILLION RANSOM PAID FOR COAL SHIP
A helicopter dropped a $4 million ransom payment on Sunday on to the deck of a Chinese coal ship hijacked by Somali pirates in mid-October, a pirate ...


Saturday, 26 December 09
COAL INDIA, RIO TINTO MAY HOLD TALKS SOON ON TIE-UP
State owned Coal India Limited (CIL), which is in the race for acquisition of overseas coal properties to plug the demand supply shortfall of the dr ...


Saturday, 26 December 09
COKING COAL PRICES MAY RISE BY 10 - 15% FROM APRIL 2010
The price of coking coal, one of the key raw materials for steel production, is likely to increase by 10-15% in next April, the month in which m ...


Saturday, 26 December 09
COAL INDIA SECURES TWO BLOCKS IN MOZAMBIQUE
It's official now. Mozambique has awarded two coal acreages in its Maotize region with an estimated one billion tonne reserves to Coal India Ltd bu ...


   1227 1228 1229 1230 1231   
Showing 6141 to 6145 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 ...

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