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

Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...


Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy The  BSI  regained  positive  momentum  exactly  a  week  ago  and  the  Atlantic rema ...


Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...


Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...


Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...


   1193 1194 1195 1196 1197   
Showing 5971 to 5975 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 ...

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