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, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...


Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...


Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...


Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...


Wednesday, 07 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...


   1272 1273 1274 1275 1276   
Showing 6366 to 6370 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 ...

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