COALspot.com keeps you connected across the coal world
  • NOV 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 66.27 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, 11 October 19
INDIAN MINERS REJECT PLAN TO LINK NATIONAL COAL INDEX TO FOREIGN PRICES - REUTERS
ReutersIndia’s miners are rejecting a government proposal to establish a national coal index that would be linked to international prices, documents reviewed by Reuters show, because it could make domestic supply uncompetitive.
 
India’s government is creating a coal price index as part of its plans to open the coal sector to outside investment and end state-run Coal India’s control over prices. The country plans to invite bids from global firms for coal mining blocks by the end of 2019.
 
A government panel has proposed one index that would link directly to foreign indexes, such as in Indonesia and Australia and a second proposal that measures the value and volume of all coal transactions, including imports, and compares them to a base period, government documents reviewed by Reuters showed.
 
Local coal prices would likely rise as a result of either proposed index, reducing the competitiveness of local supply, which typically has a lower heat content, to imports.
 
The Federation of Indian Mineral Industries (FIMI), which counts Rio Tinto’s India unit and India’s Adani Enterprises among members, objected to both plans in a Aug. 23 letter to the Ministry of Coal that was reviewed by Reuters.
 
FIMI argued instead that the government should base prices only on Coal India’s fuel supply agreements and e-auctions.
 
“The weightage of lower grades accounts for almost 70% of total (Indian) production. Contrary to this, global indexes are based on higher gross calorific value coals,” FIMI said.
 
India’s coal ministry declined to comment on details about the index and when it plans to release it.
 
“Indian coal market has not matured enough to be linked with such indexes. Indian coal is still suffering badly with quality issues at mines, prices are offered ex-mine unlike global indexes,” FIMI said.
 
Coal is among the top five commodities imported by India. Shipments are surging after the government failed to open the industry to competition, despite passing a liberalization policy 19 months ago.
 
FIMI argued that India should have a separate index for coking coal, used in steel mills.
 
But a future index should not look like Indonesia’s, which factors in various indices including the export index from Newcastle, Australia, as Indonesia is the world’s largest exporter, while India would forever remain an importer, FIMI said.
Source: Reuters


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

Recent News

Monday, 04 November 19
COAL INDIA'S OCTOBER PRODUCTION MAY FALL 20% - PTI
Coal India’s production in October is likely to be 19-20 per cent lower at about 40 million tonne, as compared to 49.77 million tonne produce ...


Monday, 04 November 19
PANAMAX: WEAKER SENTIMENTS CONTINUED FROM LAST WEEK, WITH RATES FURTHER SOFTENING IN BOTH BASINS - BALTIC BRIEFING
Capesize The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, t ...


Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,30 ...


Thursday, 31 October 19
SE ASIA MAY BECOME NET FOSSIL FUEL IMPORTER IN COMING YEARS - IEA
Southeast Asia is set to become a key driver of world energy trends over the next 20 years as its energy demand grows at twice the global average, ...


Monday, 28 October 19
ULTRAMAX: ASIA RATES REMAINED UNDER PRESSURE WITH THE NORTH LACKING FRESH ENQUIRY - BALTIC BRIEFING
Capesize The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop ...


   1 2 3 4 5   
Showing 6 to 10 news of total 5580
News by Category
Popular News
 
Total Members : 26,607
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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