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, 09 July 13
COAL PRICE REMAINS SLUGGISH - TRIMEGAH


COALspot.com - Newcastle coal price has reached US$ 76.30/ton (-15.9% YTD), bringing YTD’13 average to stand at US$ 87.90/ton, 6.80% lower than 2012 average of US$ 94.30/ton, Trimegah Securities said in a note on Tuesday.

According to Trimegah, slowing coal demand growth in China, insignificant demand improvement from the Europe, US dollar appreciation and weak coal demand in the U.S. which drives producers to flood global market with coal supply, had driven coal price to reach its lowest level since Nov’09.

Thus, we revise down our 2013 benchmark coal price assumption to USD80/ton (from USD95/ton), in 2014, we expect coal price to increase to US$ 85/ton as we expect global demand would slightly improve on expectation of natural gas price increase in the U.S. (from current level of US$ 3.62/mmbtu), resulting in increasing coal demand in the country.

Trimegah Securities also revised down the benchmark coal price for 2014 and 2015. Trimegah believes that, the coal price improvement would not be more than US$ 5/ mt per annum at least until 2015 due to low demand.

- 2013 US$/ton 80.00 from its previous forecast of US$ 95.00/ton
- 2014 US$/ton 85.00 from its previous forecast of US$ 100.00/ton
- 2015 US$/ton 90.00 from its previous forecast of US$ 105.00/ton

Trimegah Securities also slashed its target price on shares of an Indonesian coal miner on expectations of lower earnings and weak coal prices.

About Trimegah Securities
Established in May 1990, now Trimegah Securities is more than just one of the largest and fully integrated securities companies in Indonesia. It is admittedly one of the most trusted securities companies in Indonesia.



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

Recent News

Tuesday, 09 July 13
CAPESIZE: SHOT UP; PANAMAXES: NOT SO LUCK; SUPRAS: SLIGHTLY BETTER; HANDIES: SOFT - INTERMODAL
COALspot.com : June 2013 Recap A renewed  Capesize market this month (June 2013) was the cause for much of the overall noteworthy performanc ...


Tuesday, 09 July 13
THE 11TH DEEP COAL PROCESSING FORUM 2013
Press Release :  The 11th Deep Coal Processing Forum 2013 will be held in November Beijing China. CDMC Events is pleased to announce that 11 ...


Monday, 08 July 13
ECO-FRIENDLY COAL FOR CHINA - VALUE FOR THE ENVIRONMENT AND VALUE FOR THE POWER GENERATOR - BY: LINDSAY JUNIPER
COALspot.com : January 2013 saw an episode of extreme particulate pollution in Beijing 35 times worse than the safe level recommended by the World H ...


Sunday, 07 July 13
FREIGHT MARKET IS EXPECTED TO BE SOFT TO STABLE NEXT WEEK- VISTAAR
COALspot.com - The freight market softened for the week ended 5 July 2013, and experienced a decline in all sectors, including BDI. Bulk dry Index d ...


Sunday, 07 July 13
COAL PRICES REMAIN UNDER PRESSURE
COALspot.com –  Coal swaps for the year 2014 indicate that, the pressure on coal prices will continue at least until next year.  Ave ...


   842 843 844 845 846   
Showing 4216 to 4220 news of total 6871
News by Category
Popular News
 
Total Members : 28,692
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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