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
Monday, 07 June 10
SOUTH AFRICA COAL STAYS NEAR 18-MONTH HIGH ON EUROPEAN DEMAND - BLOOMBERG


Bloomberg Reported that, Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, were little changed near an 18-month high because of strong European demand in May.

Richards Bay Coal Terminal export prices fell 0.4 percent to an average $92.41 a metric ton in the four days through June 4, according to IHS McCloskey. They reached $95.75 at the end of April, the highest since Nov. 7, 2008.

“Fundamentals for Western European coal-burn remained strong, with May coal-burn coming in at about 4 percent higher, year-on-year, supported by unusually colder weather,” Amrita Sen, an analyst with Barclays Capital in London, said in a report e-mailed on June 4. “In addition to China, demand from other Asian countries remains robust. Even Japan is showing signs of recovery. India remains the other key bright spot in the Pacific market.”

South Africa is boosting exports to the East as India and China recover from last year’s slowdown. More than half its production is now going to Asia, according to McCloskey. The Richards Bay terminal is owned by South Africa’s largest coal exporters, including BHP Billiton Ltd., Anglo American Plc and Xstrata Plc.

Barclays cut its estimate for Richards Bay’s coal exports this year by six million tons to 64 million tons following a strike at Transnet Ltd., South Africa’s state-owned transport company, that started May 10. The dispute was called off at the end of May after unions accepted an 11 percent wage increase and a one-time payment of 1 percent of workers’ salaries.

Richards Bay exported 4.57 million tons of coal in May and received 1.95 million tons by rail. Stocks at the terminal fell to 2.04 million tons, their lowest level since December 2007, the terminal said on its website today.

Newcastle Prices

Coal prices at Newcastle, Australia, an Asian benchmark, rose 1.4 percent to $98.16 a ton in the week to June 4, according to the globalCOAL NEWC Index. Benchmark European coal derivatives fell for the first time in four sessions. Coal for delivery to Amsterdam, Rotterdam or Antwerp with settlement next year fell 35 cents, or 0.4 percent, to $99.65 a ton at 10:57 a.m. in London.

The coal derivative data are drawn from information supplied by ICAP Plc, GFI Group Inc., Spectron Group Ltd., Credit Suisse Group AG, IHS McCloskey, Bloomberg and Tradition Financial Services.

McCloskey’s data are an average based on daily price assessments and a market survey. Prior to the week ending April 30, the market survey was only carried out weekly.
Source: Bloomberg
( By Alistair Holloway)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...


Sunday, 06 June 10
THE DOWNWARD TREND FOR S6 AND S7 ROUTE IS LIKELY TO CONTINUE NEXT WEEK - VISTAAR
COALspot.com: "This seemed market heading for corrections with all sectors down", said, Capt. Reddy, MD of Vistaar Shipping Singapore, an ...


Sunday, 06 June 10
STEAM COAL MAY BECOME NEXT BOOMING COMMODITY IN AUSTRALIA - DB
Deutsche Bank predicts that thermal coal could become Australia's next booming commodity. The German investment bank's global thermal coal team ex ...


Friday, 04 June 10
INDO/INDIA AROUND THE MID 20'S LEVEL AND MID TO HIGH 20'S INDIA/CHINA
Handy After  a  quiet  end  to  last  week,  the  Atlantic  handysize  market  continued&nb ...


Thursday, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...


   1157 1158 1159 1160 1161   
Showing 5791 to 5795 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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