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
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 into China to feed the voracious demand of coastal utilities which cannot get enough domestic coal, traders said on Thursday.

New Colombian spot business into China will accelerate the global tightening of coal supply and continued rise in prices, they said.

"It's certainly getting interesting and I can't say too much about the cargo we sold but the appetite for coal from Colombia - and elsewhere - in China is there," a Colombian coal exporter said.

"It remains to be seen how much they actually book but there do seem to be opportunities for spot business. It's difficult now because the market's so volatile and swaps prices move dramatically within a few hours," he said.

China is the world's largest coal producer but imported over 50 million tonnes in 2009 because imports to coastal utilities were cheaper than domestic coal railed or shipped from mines in the north.

The current severe weather in China is disrupting domestic deliveries and increasing power demand at the same time, traders said. While this continues, China will suck in coal from all possible origins.

COLOMBIA WINDOW

During 2009 strong freight rates kept the delivered cost of Colombian coal to China uncompetitive compared with Australian, Russian, Indonesian and South African coal.

Colombia was the sole major coal exporting country unable to benefit from Asia's hunger for coal last year but a window is opening to allow some spot trades, they said.

"There's not going to be major term business of millions of tonnes from Colombia to China in 2010 but it's fair to say that the window is opening for some spot cargoes. Some opportunistic trade is looking viable right now," one major European utility/trader said.

A prompt loading cape cargo of Colombian coal has been sold this week to a Chinese utility by a producer, said a major Colombian producer who declined to be identified.

"There are enquiries in the freight market, there are firm numbers being talked now from Colombia to China," said Emmanuel Fages, analyst with Paris-headquartered Societe Generale. To read more  Reuters / 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 ...


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 ...


Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...


   1220 1221 1222 1223 1224   
Showing 6106 to 6110 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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