COALspot.com keeps you connected across the coal world
  • AUGUST 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 72.67 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Friday, 03 August 18
PHEW! ASIA, EUROPE HEATWAVE PUSHES AUSTRALIA COAL PRICES TO 6-YEAR HIGH: REUTERS
ReutersAustralian thermal coal prices have hit fresh six-year highs as a heatwave across the northern hemisphere has triggered a spike in demand for coal-fired power to help keep air conditioners cranking out cool blasts.
 
Spot thermal coal cargo prices from Australia’s Newcastle terminal last settled at $121.75 per tonne, their highest since February 2012 and up by a third from their 2018 low, set in April.
 
“Extreme heat in Asia and Europe is pushing power demand for industrial and also residential cooling above what’s normal for this time of the year,” said one utility trader, declining to be named as he was not authorised to talk about commercial matters.
 
“Coal has reacted stronger than natural gas because more spare coal capacity has been activated,” he said.
 
Temperatures in key coal-consuming regions of North Asia and Europe hit records in July and the heat that has continued into August is set to persist, meteorological services said.
 
Weather analyst Ed Whalen said “widespread warmth between 1-4 degrees Celsius above normal was observed across much of South Central, East, and Northeast China over the past seven days”. Hot weather would this week “dominate most of China once again,” he added.
 
In Japan, the unusual heatwave last week pushed temperatures in Tokyo above 41 degrees Celsius.
 
Beyond maximising coal-burning, Japanese utilities have cranked up old oil-fired power stations to cope with the spike in power demand, which has also sent the country’s wholesale electricity prices to record highs.
 
Extreme heat has also gripped large parts of Europe, with temperatures in Spain and Portugal exceeding 40 degrees Celsius and even Scandinavia seeing temperatures of more than 30 degrees.
 
The hot weather has also pushed up river temperatures across the region, forcing several nuclear power stations that use the waters for reactor cooling to reduce output.
 
European utilities, especially in Germany, have turned to coal-fired power stations to fill some of that gap, generation data in Thomson Reuters Eikon showed.
 
Germany and Europe are not major buyers of Australian coal, but their increased demand is still being felt as a ripple effect amid a globally tighter coal market, traders said.
 
Overall, thermal coal prices have this year have outperformed other fossil fuels like crude oil and liquefied natural gas, as the strong demand comes amid stagnant output while availablility in oil and gas has been rising.
Source: Reuters


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

Recent News

Tuesday, 20 August 19
NORDEN HAS BEEN AWARDED A 3-YEAR CONTRACT FOR THE TRANSPORTATION OF COAL FROM INDONESIA TO HONG KONG
NORDEN has been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.   ...


Tuesday, 20 August 19
THE AUGUST 2019 INDONESIAN COAL PRICE REFERENCE POSTS THE FIRST MONTHLY GAIN SINCE AUGUST 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised up the benchmark price of Indonesian thermal co ...


Monday, 19 August 19
INDONESIAN COAL RUNS, A 82,000DWT SHIP WAS FIXED DELIVERY CHINA VIA INDONESIA, REDELIVERY JAPAN, IN THE MID $16,000S - BALTIC BRIEFING
Capesize The Capesize market was buoyant in both basins this week, posting gains across the board. After bottoming out the previous week, rates ...


Sunday, 11 August 19
ULTRAMAX: A 58,000DWT VESSEL OPEN KEMAMAN FIXED FOR TWO TO THREE LADEN LEGS, REDELIVERY SINGAPORE-JAPAN, AT $12,250 - BALTIC BRIEFING
Capesize With typhoon Lekima gathering pace, numerous China ports were closed by the end of the week and will likely be for two to three days. ...


Tuesday, 06 August 19
SHIPPING MARKET INSIGHT - INTERMODAL
On the 12th of May four tankers were attacked near the coast of Fujairah.  The tankers hit were waiving international flags such as that of No ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5523
News by Category
Popular News
 
Total Members : 26,432
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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