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

Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct. The cape index was down by almost 13 pct, which appears to be s ...


Saturday, 10 April 10
KRISHNAPATNAM PORT GROWS BY ALMOST 100% IN ITS SECOND YEAR OF OPERATIONS
COALspot.com ( Press Release): It has been a year of setting numerous records for Krishnapatnam Port. Krishnapatnam Port is only in its second year ...


Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY
Manila Standard Today  reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. ...


Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy Little  fresh  interest  early  this  week  after  the  holidays.  The  BSI  saw yest ...


Thursday, 08 April 10
INDONESIAN ENERGY MINISTRY SEEKS LONGER MINING CONTRACTS - THE JAKARTAGLOBE
The Jakarta Globe reported that, Energy Minister Darwin Zahedy Saleh said he would seek to amend the mining law to address investors’ complain ...


   1177 1178 1179 1180 1181   
Showing 5891 to 5895 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 ...

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