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
Wednesday, 01 July 09
COAL PRICE INDEX TO BE LAUNCHED IN JULY


India will soon get a coal index to track the coal price movement in the country.

India's leading e-commerce company Mjunction Services Ltd will launch the index in the second week of July, a company official said Tuesday.

"A present there is no credible price index to track coal prices in the country. There are four coal indexes all over the world. Soon we are going to get one," Viresh Oberoi, managing director and chief executive of Mjunction (formerly Metal Junction), told IANS here.

The four existing coal indexes are: South African Richards Bay Coal - API-4, Australian New Castle Coal - API-3, Japan Power Utility Index and ACR Asian Index.

At present, nobody has a clear idea about the price movement. Once the index is launched, it would give crucial information about prices to those who want to trade in future contracts, he said.

"We will track the coal prices scientifically and publish it on our website as MJ Coal Index for the benefit of buyers, traders and industry at large," Oberoi said.

"At present, there are 440 varieties of coal available in India. With no scientific method to track the price movement it is difficult for the Indian buyers to hedge their risk against coal price volatility," he added.

The index would be calculated on the basis of weighted price average of coal computed from the price of different grades of coal tendered at various coal mines across the country.

"It would reduce the role of middlemen in the business and help buyers know the right prices of coal," he said.

Source: Prokerala (http://www.prokerala.com/news/articles/a61561.html)



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

Recent News

Tuesday, 07 July 09
RICHARDS BAY TERMINAL COAL EXPORTS ROSE 7.2% IN JUNE
Richards Bay Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments rose 7.2 percent in June from a year earlier. Export ...


Tuesday, 07 July 09
Q+A - INDONESIA MINING SECTOR FACES ELECTION RISKS - REUTERS
Indonesia has struggled to lure foreign investment to its mining sector in recent years, and the nationalist line on resource exploitation taken by ...


Tuesday, 07 July 09
INDIKA ENERGY COMPLETES THE ACQUISITION OF PETROSEA
TAMBANG reported that, PT Indika Energy, Tbk has officially announced that it has completed the acquisition of PT Petrosea, Tbk. from Clough Interna ...


Tuesday, 07 July 09
RUSSIAN AUDITORS ATTACK COAL EXPORTERS OVER PRICING
Russia's budget is losing substantial revenues because the country's exporters ship coal overseas at artificially low prices through various offsh ...


Tuesday, 07 July 09
RBCT COAL EXPORTS TO REMAIN BELOW CAPACITY IN 2009
Coal volumes railed to South Africa’s Richards Bay Coal Terminal are continuing to fall far short of the corridor’s nameplate yearly cap ...


   1323 1324 1325 1326 1327   
Showing 6621 to 6625 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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