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

Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...


Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...


Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...


Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...


Sunday, 04 October 09
GRASIM TO CONSOLIDATE CEMENT BIZ
The Statesman reported that, India's largest cement producer Aditya Birla group today said it would consolidate its cement businesses by merging Gr ...


   1274 1275 1276 1277 1278   
Showing 6376 to 6380 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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