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

Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...


Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...


Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants The bo ...


Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...


Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal. “We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...


   1206 1207 1208 1209 1210   
Showing 6036 to 6040 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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