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, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
Coal ExcavatorRising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augurs well for plants that import fuel, said The Economic Times of India  in its report published late last week.

China has restricted coal imports at many ports and plans to phase out a large number of thermal plants, hurting demand. Indian power generators are likely to increase imports because they face a supply crunch. It would also ease pressure on Coal India although it would increase dependence on foreign fuel, further said The Economic Times of India.

According to The Economic Times, experts said prices are expected to fall further, keeping potential buyers away from the market as they are waiting for lower rates. Public sector power companies would continue to follow centre’s directive of not importing fresh consignments. A senior power company executive said: “As Indonesian prices fall, power plants within a radius of 150 km from ports will find it remunerative to import. Ash content in Indonesian coal is, at most, 10% while Indian coal contains ash of 30-40%.

The Economic Times of India further noted that, Importing Indonesian coal makes sense for coastal plants even when it is costlier than Indian. However, for pit head plants, it is still a costlier option and will continue to be so unless prices fall drastically.”

Deepak Kannan of S&P Global Platts in Singapore said price of freight on board Kalimantan 4200 GCV as received coal — a popular grade bought by both India and China in significant quantities — has dipped to $40 per tonne on Tuesday (17 April), from $51 late February.

According to a coal importer, The Economic Times of India said, the 4,200 GAR calorific value coal variety from Indonesia can be roughly compared to G11grade sold by Coal India. “Base price of G11 at pit head is Rs 1,145 (approximately US$ 17.20) per tonne. A consumer pays Rs 2,200-2,300 (approximately US$ 33.06 - 34.56) per tonne after paying handling charges, GST, Royalty and other levies. This coal when offered through e-auction fetches higher prices that could be as higher by 30-40% over the base price. In contrast the landed price of the Indonesian variety comes to around $50.19 (Rs 3,287) at ports,” the importer said.

However, price of 3,800 GAR calorific value coal is $42.63 per tonne (Rs 2,792), whereas basic price of G12 is Rs 1,063 (approximately US$ 15.97) and its ex-mine comes to Rs 1,800-1,900 (approximately US$ 27.04 - 28.55) per tonne.


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

Recent News

Thursday, 26 April 18
COAL PRICES ARE EXPECTED TO AVERAGE $85/MT IN 2018, DOWN SLIGHTLY FROM 2017 - WORLD BANK
Coal prices rose 4 percent in the first quarter (q/q), following a surge of 34 percent in 2017, mainly due to strong consumption in China spurred b ...


Wednesday, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...


Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...


Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Capesize This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, f ...


Wednesday, 18 April 18
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The return of traders and charterers from the Easter festivities came along with a slight increase in activity across the edible oil markets. Howev ...


   346 347 348 349 350   
Showing 1736 to 1740 news of total 6871
News by Category
Popular News
 
Total Members : 28,695
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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