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
Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES


COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mechanism to GCV based mechanism to standardize its coal quality as well as prices. Starting from January 1, 2012, Coal India’s coal being sold based on GCV to its customers and also adjusted its coal prices based on current international coal prices, but extended discounts to its customers.

“Coal India recently linked its prices with international rates, and the company will now fix its prices after adjusting for exchange-rate fluctuations and the discounts it offers to local consumers,” Mr. Jha said, as quoted by WSJ. According to an another media,  Coal India will review the impact of linking its coal prices with international prices on its sales realization in the next three months. 

Reports also say, according to the chairman of coal India,  the new pricing mechanism will not lead to any steep rise in coal prices. 

However, market players in the opinion that, the shift to a pricing structure based on the gross calorific value of coal, from the useful heat value, could mean an increase of around 10% in weighted average prices for Coal India’s customers,  an another media quoted.

If landed price of Indigenous coal and import coal are become a same level in the future, then end-users and buyers will prefer to import coal due to easy availability, flexible supply terms and quality consistence, said an Indian coal importer, requesting anonymity.

The coal India’s move to adjust it coal price and pricing mechanism to international level and standard is a good move on the long run. Nevertheless, it may affect immediately to industry as the industry was not ready to adjust their sourcing plan. 



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

Recent News

Wednesday, 01 February 12
2% OF IBPS TOTAL CONCESSION AREA CONTAINS TOTAL COAL RESOURCE OF 56.1 MILLION TON
COALspot.com - PT. Britmindo, a mine consulting firm, has finalized PT. Insani Bara Perkasa (IBP) first JORC (Joint Ore Reserves Committee) res ...


Tuesday, 31 January 12
THERE ARE MANY GOOD REASONS FOR COAL IN GERMANY - DR CIESLIK
COALspot.com - "The year 2011 was again marked by many changes on the markets and energy policies, at times in line with expectations, but at o ...


Tuesday, 31 January 12
DRY BULK MARKET KEEPS FALLING FOR WORST MONTH IN YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn't manage to put a halt in its downfall, with the industry's benchmark, the BDI (Baltic Dry Index), posting yet another fa ...


Monday, 30 January 12
CHINA'S HUNGER FOR COAL LEAVES DENT IN PENNSYLVANIA'S SUPPLY - THOMAS LESKIN
With the price of heating oil on the rise, one of Pennsylvania's greatest natural resources - coal - is in high demand, and not just locally. Et ...


Saturday, 28 January 12
WILL FREIGHT MARKET STABILIZE FROM NEXT WEEK?
COALspot.com - The markets continued to soften with BDI at 663 points down by 15.78 pct closing at 726 points and cape index was down by 5.73 pct cl ...


   972 973 974 975 976   
Showing 4866 to 4870 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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