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, 05 April 10
RI TO SET REFERENCE FOR COMMODITIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia is set to help establish global reference prices for mining and agricultural commodities, with the establi ...


Monday, 05 April 10
MARCO POLO MARINE SECURES US$20 MILLION 4-YEAR COAL TRANSSHIPMENT CONTRACT
COALspot.com: Accordign to Mraco Polo Marine website, Singapore Exchange Mainboard-listed Marco Polo Marine Ltd, a growing integrated marine logisti ...


Saturday, 03 April 10
SHIPS OPENING FAREAST CONTINUE TO BE STRUGGLING FOR CARGOES - VISTAAR
COALspot.com: The dry bulk freight market continues to be under pressure and all the indices were down this week except for Cape size index which wa ...


Friday, 02 April 10
XSTRATA RAISES BENCHMARK COAL PRICE AS MUCH AS 40% - BLOOMBERG
Bloomberg reported that, Xstrata Plc, the world’s largest exporter of coal used for power, raised benchmark prices for the fuel to an unidenti ...


Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY  After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...


   1179 1180 1181 1182 1183   
Showing 5901 to 5905 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 ...

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