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
Tuesday, 05 January 10
WINTER WEATHER SPIKES COAL PRICES - CHINA UPDATE


Cold weather is driving coal prices higher and will lend the advantage in annual negotiations to suppliers, analysts said, predicting that the rising price will lead to more upstream mergers and acquisitions of power companies with coal suppliers.

Many of China's southern provinces, including Jiangsu, Hubei and Anhui, face power constraints, China Business News reported Monday. Current coal prices as of Monday grew between 4-9 percent over last week, said Huang Peilin, head of
www.cctd.com.cn, the official coal transport and distribution information provider.

The Shanxi Datong reserve increased coal prices Monday by 20 percent from early December to 550 yuan ($80.53) per ton, while coal prices at the benchmark Qinhuangdao port went up more than 30 percent over the same period a year earlier, according to China Coal Information.

Cold weather resulted in rising power demand and coal consumption. Coal reserves in China's southern provinces are at a less than 10-day supply, compared with a normal inventory of 10-20 days, said Cao Yin, an energy and power sector analyst at Frost & Sullivan, a consulting firm.

The low inventory is due to unexpected pent-up power consumption following China's strong economic recovery. Electricity consumption grew 20-30 percent in December month-on-month from 6 percent in June, he said.

Many southern provinces rely on hydropower, but the dry winter season means they must use coal for power production, Huang said.

China's power companies used to import coal from overseas due to lower prices. However, the increasing demands of other economies are driving the international price closer to the domestic price, Cao said. Coal from Australia delivered to Guangdong ports stood at $100 per ton Monday, driving power companies back to domestic suppliers.

The cold weather has also hampered transportation by train and ship from coal reserves in China's midwest region to power plants in the east and coastal areas, Cao said.

The soaring prices could make it hard for power companies to strike a deal with coal suppliers for this year's annual contract, he said. Power companies and suppliers typically sign year-long contracts at less than the market price, but many suppliers have hesitated to sign such long contracts due to the fluctuation of coal prices, Cao remarked.

On the other hand, State power companies have difficulty in passing rising costs on to users, so they can't compromise either, which has led to demand often being only partially met almost every year, Cao said.
To read more 
Alibaba



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...


Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...


Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...


Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China * Firm bids in freight market * More shipments expected Colombian coal is starting to move ...


Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned  coal mining company,  is planning to build an additi ...


   1220 1221 1222 1223 1224   
Showing 6106 to 6110 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 ...

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