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

Sunday, 17 January 10
THE FUTURES FOR THREE YEARS (2010 - 2012) FIRMED UP - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market was a bit mixed with BDI up by about 159 points and closed at 3,299 points. BDI The cape index cont ...


Sunday, 17 January 10
NTPC TO DOUBLE CAPACITY BY 2017
NTPC, which will launch its follow-on public offer on February 3, plans to more than double its generating capacity to over 70,000 mega watts by 201 ...


Saturday, 16 January 10
HANDY CONTINUED FIRM CONDITIONS FOR MARKET IN THE ATLANTIC
HANDY Continued firm conditions for the Handymax / Smax market in the Atlantic with the BSI having a continued upwards momentum. US$ 45,000 ac ...


Friday, 15 January 10
INDONESIA COAL - HEAVY RAINS HAVE LITTLE IMPACT ON COAL OUTPUT
Coal shipments from Indonesia's main coal-producing area are unlikely to be hit by heavy rains during January-February as many miners are prepared ...


Friday, 15 January 10
GOVT BRINGS IN DOMESTIC COAL MARKET OBLIGATION
The Energy and Mineral Resources Ministry has issued a ministerial decree requiring producers of coal and other minerals to allocate a proportion ...


   1215 1216 1217 1218 1219   
Showing 6081 to 6085 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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