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, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS
Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern Ch ...


Friday, 25 September 09
XSTRATA TO BUILD ITS OWN RAIL CAPACITY TO SHIP AUSTRALIAN COAL
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used by power stations, will establish its own rail haulage capacit ...


Thursday, 24 September 09
INDIA CEMENT CO'S TO AWARD 200,000T COAL TENDER
Reuters reported that, India's biggest cement maker ACC Cement Ltd and Gujarat Ambuja will award on Thursday Sept 25 a tender for 100,000 tonnes ea ...


Thursday, 24 September 09
YUDEAN TO SIGN CO-OPERATION LETTER OF INTENT WITH RUSSIA COAL TRADE COMPANY
In the recent days, Gao Shiqiang, deputy manager of Yudean Group Co., Ltd. went and carried out the friendly talks with SUEK and inked the trade co- ...


Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...


   1278 1279 1280 1281 1282   
Showing 6396 to 6400 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 ...

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