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, 07 January 10
INDONESIAS COAL OUTPUT MAY RISE TO 309 MILLION TONS IN 2014 - BLOOMBERG
Indonesia’s coal production may rise to 309 million tons by 2014 from an estimated 250 million tons this year, Bambang Setiawan, director-gene ...


Wednesday, 06 January 10
RICHARDS BAY SAYS 46% OF COAL EXPORTS WENT TO EUROPE
Richards Bay Coal Terminal, through which almost all of South Africa’s coal exports are routed, said 46 percent of the coal it exported in 200 ...


Wednesday, 06 January 10
CHINA-AUSTRALIA INVESTMENT TIES SEEN IMPROVING IN 2010
Australia and China showed a united front in a bid to improve investment ties as they signed a $3-billion coal deal on Wednesday, following a rocky ...


Wednesday, 06 January 10
INVESTMENT IN MINING TO TOP $2.5B IN 2010
The government plans to invest US$2.5 billion in the mining sector, an official said Tuesday. Bambang Setiawan, the director general of mineral r ...


Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT
Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challen ...


   1221 1222 1223 1224 1225   
Showing 6111 to 6115 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 ...

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