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
Tuesday, 02 June 09
CHINA OVERSEAS COAL DEMAND TO STAY BUOYANT-MINERS (REUTERS)


China's demand for overseas coal is expected to stay strong in the second half as long as prices of imported coal maintain a discount to domestic prices, two key Indonesian producers said on Tuesday.

The Indonesian unit of Thai Banpu said China's appetite for coal was still robust, while Indonesia's No. 2 coal miner PT Adaro also said Chinese demand for imported material was expected to stay robust.

There have been growing concerns among some producers and traders that China's recent hunger for overseas coal could soon fade following spikes in Asian thermal coal and freight prices in recent weeks, which are fast eroding the price advantage for southern Chinese utilities of purchasing the fuel.

Australian coal prices on the globalCOAL Newcastle index, a benchmark for Asia, jumped by nearly $3 from Friday and struck the psychologically important level of $70 a tonne on Monday, while port coal prices at China's top coal port Qinhuangdao were hovering at around $92 a tonne.

Some industry participants also said that utilities in southern China might buy less coal in the second half as many would have already contracted large volumes earlier this year to meet part of their full-year requirements.

Banpu's unit in Indonesia, PT Indo Tambangraya Megah, which also has stakes in power plants in China, said some utilities in southern China have been increasing their coal purchases since April as they step up power production.

"As long as there is a difference between domestic and import prices, China will still be buying coal from overseas," Apimuk Taifayongvichit, chief marketing and logistics planner at Indo Tambangraya Megah, said at the Coaltrans conference in Bali.

"And we do not expect domestic prices to tumble."

Apimuk also said the firm was looking to acquire coal mines in Indonesia to increase the company's production.

Indonesia's Adaro also said China's demand for overseas coal was expected to stay strong in the second half of this year.

"From the signs we've seen, going forward, we can only say it is still looking strong in the second half," said Alastair Grant, Adaro's marketing director

Grant said Adaro was expecting to increase sales to China to about 3.5 million tonnes in 2009, compared with about 2 million tonnes last year. He added that the bulk of that 3.5 million tonnes volume had already been contracted.

Indonesia's largest coal miner, PT Bumi Resources Tbk , said on Monday it had sold about 8 million tonnes of coal to China for delivery in 2009.

Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK12258320090602



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped. Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...


Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...


Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...


Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...


Monday, 25 May 09
MMTC TO IMPORT 12.5 MN TN COAL FOR NTPC
India's State-run trading firm MMTC Ltd will import 12.5 million tonnes of coal this fiscal for the country’s largest power producer, NTPC. M ...


   1345 1346 1347 1348 1349   
Showing 6731 to 6735 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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