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

Thursday, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...


Wednesday, 14 December 11
MINER TOBA BARA SEJAHTRA PLANS IPO IN 1ST HALF OF 2012 - THE JAKARTA GLOBE
The Jakarta Globe reported that, Coal miner Toba Bara Sejahtra is aiming high next year, hoping to capitalize on renewed bullish sentiment in the lo ...


Wednesday, 14 December 11
TIMAH PLANS TO BOOST ITS COAL PRODUCTION TO TWO MILLION TONS PER ANNUM - SOURCES
COALspot.com - Timah plans to boost its coal production to two million tons per annum. The company also expects to acquire coal concession with mini ...


Wednesday, 14 December 11
BORNEO RESOURCE INVESTMENTS LTD. FINALIZES ACQUISITION OF INTEGRA PRIMA
COALspot.com - Borneo Resource Investments Ltd., announced that it has finalized the acquisition of an additional 1,300 hectare coal mining concessi ...


Tuesday, 13 December 11
BERAU COAL SCOUTS US$1.61 BIO SALES - INSIDER STORIES
Insider Stories reported that, coal mining company PT Berau Coal Energy Tbk (BRAU), that is 85% owned by London-listed company Bumi Plc, estimates a ...


   985 986 987 988 989   
Showing 4931 to 4935 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 ...

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