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, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...


Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...


Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...


Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia. According to company's ...


Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...


   970 971 972 973 974   
Showing 4856 to 4860 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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