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
Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS


Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fresh tenders for Indonesian and South African coal for delivery from September, Indian traders said.

"They are all coming back to the market now. Coal prices have been very stable and buyers can see there's unlikely to be much volatility in the next few months, maybe $5.00-$10.00 maximum so they are keen to secure tonnage," said an Indian trader who is one of the country's largest importers.

India needs to import up to 70 million tonnes of coal in 2009 to bridge the gap between domestic output and demand. The bulk will be low-grade Indonesian material but up to 20 million tonnes will come from South Africa, and a smaller portion from Australia and Russia.

India's booming demand for South African coal for use in cement and sponge iron production has been by far the biggest price-supporting factor for FOB Richards Bay prices.

South African coal prices have hovered at around $60.00-$65.00 a tonne FOB Richards Bay for over two months.

Freight rates have risen sharply over the course of the year but Indian end-users are resigned to having to pay $80.00-$90.00 a tonne CIF for coal, traders said.

TENDERS ISSUED THIS WEEK

* Ultratech, one of India's largest cement makers, for 500,000 tonnes of South African coal for September-December delivery. Ultratech will negotiate final prices next week.

* State utility Kolkata Electric for 150,000 tonnes of Indonesian coal. This is a private tender issued to qualified participants run directly by the utility rather than state coal buyers such as MMTC or NTPC.

* Gujarat Narmada Valley Fertilizers Ltd (GNFC) is seeking 130,000 tonnes of coal with an extra optional 130,000 tonnes all for delivery in the balance of 2009.

* MMTC's tender in June for 12.5 million tonnes of coal will be re-issued any day now with fresh contract terms approved by the Ministry of Commerce. The 12.5 million tonnes is expected to be split among several suppliers with less onerous performance bond conditions than in the original tender.

Source: Reuters



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

Recent News

Monday, 27 July 09
MIDDLE EAST COAL TO MOVE ON $1B EAST KALIMANTAN PROJECT
The Jakarta globe reported that, Middle East Coal reiterated on Monday that it would push ahead its $1 billion development program for East Kutai Re ...


Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt ...


Monday, 27 July 09
COKING COAL, IRON-ORE LIKELY TO BENEFIT NON-INTEGRATED STEEL PRODUCERS
Economictimes reported that, The second half of the financial year 2008-09 was one of the toughest periods for steel companies, especially the non-i ...


Monday, 27 July 09
GMR ENERGY BUYS EMCO POWERGEN SUBSIDIARY
DNA India reported that, Thane-based transformer manufacturer Emco Ltd has sold its stake in unlisted power generation subsidiary Emco Energy to Ban ...


Sunday, 26 July 09
CESC PLANS 2000 MW POWER PLANT IN BIHAR
Jai Bihar reported that, RPG flagship company CESC Ltd on Friday unveiled its plan to set up a 2,000 MW power generation plant at Pirpainti near Bha ...


   1310 1311 1312 1313 1314   
Showing 6556 to 6560 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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