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, 19 August 09
STEAM COAL PRICES ARE SINKING - THE GERMAN COAL IMPORTERS ASSOCIATION


COALspot.com (German): Oversupply in the World Market. In 2Q 2009  the steam coal prices sank massive in comparison to the previous years quarter.

The Rotterdam quotation (spot) for steam coal declined from 112 euro / TCE in 2008 to 56 euro / TCE and halved. There with the difference between the German production costs and the world market prices totalled to around 100-120 / TCE again.

Also the prices for CO2 certificates halved in comparison to 2008 and amounted on average at about 14 euro / ton CO2.  The market for CO2 certificates is very liquid and the expected weak economic development for the years 2009 and 2010 might cause to a sufficient supply.

The international freight rates sank heavily in the comparable time span, too. The freight rates (capesize spot, route Richards Bay - ARA) decreased from US$ 47 / ton in 2Q 2008 to averaged US$ 14 / ton in 2Q 2009.

In quarterly comparison the German hard coal imports were downward by 16%  (2Q 2008 / 2Q 2009).

Coke imports were stable whereas coking coal imports decreased by 37% and steam coal imports by 13%. Altogether 8.3 million ton of hard coal were imported in 2Q 2009. The biggest quantities delivered came from Colombia, Russia and South Africa.

As hard coal at first is an industrial energy, the supply suffered in particular from the general weak industrial demand for electricity and from the steel crisis - Reported by Verein der Kohlenimporteure e.V.



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

Recent News

Wednesday, 26 August 09
JSW ENERGY NEARS COAL-SUPPLY LINKAGE DEAL IN INDONESIA
Sajjan Jindal-owned JSW Energy is close to finalising a coal-supply linkage pact in Indonesia and is also exploring options of acquiring   ...


Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...


Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...


Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...


Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...


   1293 1294 1295 1296 1297   
Showing 6471 to 6475 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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