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, 10 February 10
ANGLO AMERICAN TIPS COAL PRICE RISE AFTER RAIN, AUSTRALIAN SAYS
Anglo American Plc expects coking coal contract prices to rise after weeks of heavy rain in Queensland state cut output by as much as 10 million met ...


Wednesday, 10 February 10
KANGAROO RESOURCES COMMENCES MINING AT MAMAHAK COKING COAL PROJECT
International coal producer Kangaroo Resources has kicked off mining at its second Indonesian coal operation, the Mamahak Coking Coal Project in Eas ...


Wednesday, 10 February 10
CHINA DENIES CLIVE PALMER'S COAL DEAL
ONE of China's biggest government-owned companies yesterday repudiated mining billionaire Clive Palmer for overstating what he said was Australia' ...


Tuesday, 09 February 10
INDIANS SAY SEEKING COAL BARGAINS VIA INDEX PRICES
* Indonesian cheaper than S.African - traders * End-users wait for price falls before tendering Indian coal traders responsible for the bulk of ...


Tuesday, 09 February 10
EURO COAL-PROMPT SLIDES WITH OIL PRICES
* April S.African cargo trades at $83.50/T FOB, unchanged * April DES cargo trades at $74.75 a tonne, down $1/T * Russia's Kuzbassrazrezugol sees ...


   1201 1202 1203 1204 1205   
Showing 6011 to 6015 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 ...

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