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, 20 July 09
INDONESIA PRODUCES 72 MILLION MT IN FIRST HALF OF YEAR: OFFICIAL
Indonesia produced 72 million mt of coal in the first half of 2009, or 31.3% of the government’s target this year, a senior government officia ...


Sunday, 19 July 09
JINDAL S&P IN TALKS TO BUY SA COAL MINE FOR RS 350-400 CR (US$ 80 - 90 MILLION)
Economic Times reported that, Naveen Jindal-led Jindal Steel & Power (JSPL) is acquiring a thermal coal mine in South Africa, a top company exec ...


Saturday, 18 July 09
REN POWER CZ COMMISSIONS ANOTHER PHOTOVOLTAIC POWER STATION
COALspot.com (Press Release): REN Power CZ, a company in the Czech Coal Group, has put into operation another photovoltaic power station. The plant ...


Saturday, 18 July 09
THE FUTURE FOR SUPRAMAX FOR NEXT 3 YEARS TILL 2012 WOULD BE AROUND US$ 13,500 PER DAY - CAPT. REDDY
COALspot.com ( Singapore): The market moved up sharply this week , which was quite unexpected. The BDI was up by 557 which is an increase of 18 ...


Friday, 17 July 09
CHINA COAL-SPOT PRICES EDGE LOWER, SUPPLY APLENTY
China Mining reported that, spot prices in China's top coal shipping port Qinhuangdao edged lower from a week earlier, as supply grew, offsetting t ...


   1316 1317 1318 1319 1320   
Showing 6586 to 6590 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 ...

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