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
Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN


The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James Clarke, regional head of commodities, metals and mining research at BNP Paribas, said China was going through a tough period, which would result in commodity price volatility.

"China is heading into a bad patch but the government has the policy flexibility and resources to soften the tightening they are doing now and to sustain growth," he said. "The tightening is going to happen but it will be softer than most market participants expect and demand will hold up."

The pricing environment had dramatically changed over the past few months as China absorbed slightly less than might have been expected a couple of months ago, Mr Clarke said.

"The whole complexion . . . has recently changed, so as traders liquidate their positions, prices come down," he said.

"The rest of the world is cautious towards China, as they lose confidence that the powerhouse is going to continue to suck up absolutely everything that is thrown at it and prices are going to go down."

Concerns about the strength of Europe have weighed on commodity prices but the impact is not as severe as a slowdown in the US would be. "It is the US that has been driving the recovery, so the US slowing is far more important than the EU slowing some more," Mr Clarke said.

"Australia is on the right end of the equation, because you are selling to everybody else what they desperately want -- but the rest of the world is far more pessimistic.

"The issue isn't what happens but what people are worried about will happen, which is driving equities and commodity prices."

The risk to pricing is expected to be across commodities, but coal is tipped to maintain the best price support.

Interest in Australian coal has been growing and Thailand's biggest coal producer, Banpu, emerged last week on Centennial Coal's register with a 14.9 per cent stake.

Iron ore prices are also expected to remain strong and Rio Tinto has flagged that prices are now above pre-global crisis levels.

Rio iron ore boss Sam Walsh said last week strong steel demand, higher Indian export taxes and Chinese restrictions on low-grade ore had pushed prices sharply higher.

Mr Clarke said a future risk to long-term pricing was China's increasing global expansion.

"China's investment in overseas projects won't be done on a profit-driven basis, it is more for securing the resource," he said.

"As they invest more overseas, you will see more pressure on prices, but that will take several years."
Source:
The Australian - Sarah-Jane Tasker



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

Recent News

Tuesday, 04 May 10
DRY BULK MARKET SOFTENING AGAIN ON LACK OF DIRECTION
The dry bulk market has put on the brakes once again, after the last session of the Baltic Dry Index ended at 3,354 points, down 5 from the previous ...


Monday, 03 May 10
AUSTRALIA PLANS 40 PERCENT TAX ON MINING PROFITS - THE JAKARTA POST
The Jakarta Post reported that, Australia would heavily tax the booming profits of its mining companies under a tax system overhaul proposed Sunday ...


Saturday, 01 May 10
THE PERIOD ACTIVITY WAS QUITE FIRM DURING THE WEEK - CAPT. REDDY
COALspot.com: The BDI was up by 11.32 pct which was mainly due to the firmness in capsize index which was up by 21.55 pct . The other sectors Pan ...


Saturday, 01 May 10
EXPANDED SA COAL TERMINAL TO START OPERATIONS ON MAY 1 - MINING WEEKLY
Mining Weekly  reported that, In line with expectations, the Richards Bay Coal Terminal (RBCT) had completed the R1,2-billion Phase V expansion ...


Thursday, 29 April 10
SOUTH AFRICAN ROUNDS BACK TO INDIA SUPRAS CAN ACHIEVE AROUND MID 20S
Handy Atlantic  markets  remain  firm.  Supramaxes  open  in  USG  are  now  achieving low/mid&n ...


   1169 1170 1171 1172 1173   
Showing 5851 to 5855 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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