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

Thursday, 14 January 10
INDIANS RESUME S. AFRICA COAL BUYING AGAINST INDEX - REUTERS
Indian trade buyers have resumed buying of South African prompt coal cargoes after a two-month hiatus but are opting for index-linked pricing, hopin ...


Wednesday, 13 January 10
STEAMING COAL SUPPLY SPOT CONTRACT FOR TAEAN POWER PLANT
COALspot.com (South Korea): Korea Western Power Co., Ltd is looking for total 1.12 million tons of Bituminous Coal for TAEAN Power Plant. Accord ...


Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE
Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, ...


Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15  vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – ...


Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...


   1217 1218 1219 1220 1221   
Showing 6091 to 6095 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 ...

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