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

Monday, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...


Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much. The cape index continued to move up and wa ...


Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan. “We are exploring t ...


Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...


Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...


   1171 1172 1173 1174 1175   
Showing 5861 to 5865 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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