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, 11 June 13
COAL: NO SIGN OF RECOVERY - GABRIELLA
COALspot.com: We attended the 19th Annual Coaltrans Asia Conference, where we found most of the speakers were not very optimistic on the outlook for ...


Tuesday, 11 June 13
NEWCASTLE PORT SHIPPED MORE COAL WEEK ENDED 11 JUNE 2013
COALspot.com - Newcastle port in Australia has loaded 3,104,509 tons of coal for the week ended  0700 hours 11 June 2013, Newcastle Port Corp. ...


Tuesday, 11 June 13
OUTLOOK FOR CAPESIZES LOOKS GRIM, DESPITE FALLING IRON ORE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Things aren't looking all that rosy for the dry bulk market, despite a stronger volume of iron ore imports during the months of March and April, as ...


Sunday, 09 June 13
CFR SOUTH CHINA COAL SWAP IS UNDER PRESSURE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average July 2013 delivery have lost  0.03 percent  week on week but gained 0.07 pe ...


Sunday, 09 June 13
IRON ORE DEMAND: WEAK; COAL MOVEMENT: STEADY TO INDIA AND CHINA - CAPT. REDDY
COALspot.com - The freight market was fairly steady with BDI up by 0.37 per cent closed at 812 points this week. The Cape index was also ended in ...


   849 850 851 852 853   
Showing 4251 to 4255 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 ...

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