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

Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...


Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...


Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...


Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...


Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...


   1181 1182 1183 1184 1185   
Showing 5911 to 5915 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 ...

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