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

Saturday, 25 July 09
HUANENG EYES MAJORITY STAKE IN PT BERAU COAL
CCTV reported that, China's largest publicly traded power company has submitted a bid for controlling stake in Indonesia's fifth largest coal mine ...


Saturday, 25 July 09
ADANI POWER TO IMPORT COAL FOR MUNDRA PLANT
BL reported that more than 50% of the coal requirement for Adani Power’s 4,620 MW Mundra plant will have to be imported from Indonesia though ...


Friday, 24 July 09
INDONESIAN COAL NEWS - UPDATE
Income from tax slow Since the economic crisis in October 2008 until now, tax from the general mining sector is slow. According to the Director Gene ...


Friday, 24 July 09
S.AFRICA JAN-JUNE EXPORTS TO ASIA AROUND 1.4 MLN T
* China takes 140-150,000 tonnes * S.Korea imports zero * Hong Kong utilites buy S.African coal South African coal exports to Asia excluding India a ...


Friday, 24 July 09
BIG ADARO SHAREHOLDERS CREATE HOLDING COMPANY
The nation’s second-largest coal producer, PT Adaro Energy, said on Thursday that five key shareholders had merged their holdings in the compan ...


   1311 1312 1313 1314 1315   
Showing 6561 to 6565 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 ...

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