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

Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...


Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable. Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...


Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...


Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...


Thursday, 24 September 09
CHINA WILL BE IMPORTER OF COKING COAL NEXT YEAR, MCCLOSKEY SAYS
Bloomberg reported that, China, the world’s largest coal user and producer, will remain an importer of the fuel through next year, according t ...


   1279 1280 1281 1282 1283   
Showing 6401 to 6405 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 ...

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