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

Saturday, 17 October 09
US COAL MINERS LOOKING AT LOWER PROFITS
Most US coal miners are looking at sharply lower third-quarter earnings, but those that produce coal for steelmaking and export should enjoy higher ...


Friday, 16 October 09
INDONESIA EXPORTED 19,194,857 MT OF COAL IN SEPTEMBER 2009 - SOURCES
COALspot.com (Indonesia): Indonesia exported 19,194,857 MT of coal in September 2009. Out of total exported quantity, South Korea imported abou ...


Friday, 16 October 09
NAVIGATING THROUGH STORMY WATERS
To Theodore E Veniamis, the President of the Union of Greek Shipowners, the current turmoil in world shipping is due to the cyclical nature of marit ...


Friday, 16 October 09
COAL INDIA RAISES PRICE BY 11%
Trak reported that, State-owned Coal India Ltd (CIL) has raised the price of coal produced by its subsidiaries by an average of 11 percent effective ...


Thursday, 15 October 09
SOUTH AFRICAN MINING COMPANY ACCEPTED $92 MILLION BID FOR COAL MINE STAKE IN SIYANDA COAL
Paguntaka reported that, Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million ...


   1265 1266 1267 1268 1269   
Showing 6331 to 6335 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 ...

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