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, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal ...


Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...


Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...


Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...


Sunday, 28 June 09
INDIA CEMENTS TO INVEST RS 1,500 CR OVER 2 YEARS
Chennai-based India Cements is planning to invest around Rs 1,500 crore over the next two years for setting up a greenfield project in Rajasthan, po ...


   1327 1328 1329 1330 1331   
Showing 6641 to 6645 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 ...

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