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, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...


Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...


Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters  reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...


Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...


Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...


   1176 1177 1178 1179 1180   
Showing 5886 to 5890 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 ...

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