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
Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS


Reuters reported that,  prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesian producers turned to local buyers amid slow overseas demand, particularly from Indian buyers, traders said. Thermal coal prices on the globalCOAL Newcastle weekly index rose $3.41 to $78.87 a tonne, from $75.46 a tonne in previous week, on firm spot demand from South Korea and expectations of lower supply from Australia.

Despite the rising Newcastle index, spot prices for Indonesian bituminous coal were softer as Indian buyers preferred to buy South African coal to take advantage of falling freight rates and cheaper prices.

Indonesian bituminous coal of 6,300 kcal/kg air-dried basis was offered at around $57 a tonne, FOB mother vessel, compared with $60 a tonne early this month.

"For bituminous coal, only South African coal is moving to India, mostly for steel and cement factories," an Indian trader said.

Chinese and South Korean buyers were in the market for Indonesian high-quality coal, providing support, but China was not as aggressive as previous months due to growing local supply grew, another regional trader said.

Plans by Australia Newcastle port, the world's top coal export terminal, to slash export quotas for all producers by 1 million tonnes for the rest of third quarter, have not prompted more enquiries for Indonesian coal, traders said.

A 25,000-tonne parcel of Australian coal was traded at $77 a tonne on Monday for delivery in October while another 25,000 tonne for delivery in August was traded at $80.50 a tonne on Tuesday.

* INDONESIA SUB-BITUMINOUS COAL

Fresh domestic demand from textile and cement factories in Java offered support for Indonesian sub-bituminous as Indian demand slowed.

Indonesian sub-bituminous coal of 5,500 kcal/kg ADB was around $34-$35 a tonne, FOB mother vessel from Kalimantan.

"We haven't received fresh inquiries from Indian buyers but many local buyers asked for an increase in volumes from their existing contracts," an Indonesian trader said.

Aside from local buyers, there were some Chinese buyers that sought to extend spot purchase contracts, the trader said.

Despite lower coal stock levels at power plants, India had slowed buying of Indonesian low-quality coal as traders waited for government tenders and the monsoon disrupted shipments.

"Power plants are in a wait-and-see mode. There are a lot of contracts that need to be renewed," the Indian trader said, adding that traders were waiting for India's government to finalise tenders.

India has said coal stocks with power plans in India halved from normal levels to 11 million tonnes at July 6, with many thermal plants facing uncomfortable supply positions.

India's state-run MMTC which buys coal on behalf of state utilities has said it may re-issue a tender for 12.5 million tonnes of thermal coal after a complaint from a trader.

"Wet weather is also very bad. There are a lot of vessels queueing at discharge ports. So everybody is just waiting," the Indian trader said.

Source: Reuters



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

Recent News

Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...


Monday, 07 September 09
VALE SPENT $300 MILLION AT MOZAMBIQUE COAL MINE
Bloomberg rported that, Vale SA, the world’s biggest iron- ore producer, has so far spent about $300 million of the $1.3 billion investment in ...


Monday, 07 September 09
INDIA MAY BOOST COAL IMPORTS FROM INDONESIA - PLAN JVS
WSJ reported taht, India agreed to study setting up joint ventures with Indonesian companies to acquire coal assets, and look at other means of impo ...


Monday, 07 September 09
INDIAN COAL MAY NOT POWER NEW UMPPS
The Economic Times reported that, bidders for new ultra mega power projects (UMPP) may not get assured coal supplies from domestic mines. As per the ...


Saturday, 05 September 09
THE ECI / CHINA (S7) ROUTE SOFTENED BY ALMOST 12% AND THE CHARTER HIRE WAS AT US$ 16,346 PER DAY - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI almost same as last week at 2,415 points.The Panamax index went up b ...


   1288 1289 1290 1291 1292   
Showing 6446 to 6450 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 ...

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