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, 27 June 09
HEAVY CONGESTION AT AUSTRALIAN PORTS REACHING ALL TIME HIGH TO 120 SHIPS IN EAST COAST AUSTRALIA - VISTAAR SHIPPING
COALspot.com (Singapore): The market this week was a bit soft and the BDI was down by almost 10 pct and closed at 3,703 points. The drop in BDI i ...


Friday, 26 June 09
INDONESIA INVESTORS EYE BHP BILLITON COAL PROJECT
About four Indonesian investors are interested in taking over a coal project owned by BHP Billiton Ltd, a senior government mining official said. ...


Friday, 26 June 09
SOUTH AFRICA'S CONSULTING GROUP OPENS OFFICES IN CHINA, INDONESIA
Consulting engineering company SRK Consulting has opened new offices in Asia to cope with the growing demand for its services in the region. The ...


Friday, 26 June 09
RUSSIA MECHEL TO DELIVER 2 MLN T COKING COAL TO ASIA
Russian steel and coal producer Mechel said on Thursday it had signed contracts to deliver about 2 million tonnes of coking coal concentrate to unna ...


Friday, 26 June 09
SA COAL EXPORTS UNLIKELY TO BREACH 65MT THIS YEAR
Coal volumes railed to South Africa’s Richards Bay Coal Terminal (RBCT) during the rain-affected first quarter of 2009 had fallen well short o ...


   1328 1329 1330 1331 1332   
Showing 6646 to 6650 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 ...

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