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

Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...


Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...


Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...


Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain * Older coal loading facility seem unaffected so far * UBS may cut valuation if disruption ...


Thursday, 08 October 09
COAL INDIA SAYS IMPORTS COULD JUMP 10 TIMES IN 3 YRS
Reuters reported that, Coal imports by state explorer Coal India Ltd could jump 10 times to 40-45 million tonnes in three years to meet a sharp rise ...


   1270 1271 1272 1273 1274   
Showing 6356 to 6360 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 ...

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