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, 06 October 09
ASIA COAL-PRICE REBOUND TOWARDS $71 ON TENDER ACTIVITY


Reuters reported that, Prices of power-station coal in Australia, a benchmark for Asia, rose 4 percent in the latest week to near $71 a tonne, bolstered by renewed demand as several South Korean utilities launched tenders to seek more supplies.

Expectations of increased demand over the coming winter months also helped to lift prices, which were trading near a 3-½ month low.

Thermal coal prices on the globalCOAL Newcastle weekly index, a benchmark for Asia, rose $2.68 from a week ago to $70.75 a tonne on Tuesday, based on FOB prices at Australia's Newcastle port.

"Some of the utilities in Korea and Taiwan are hoping to pick the market bottom and have taken advantage of the recent low prices to launch spot and term tenders. That has breathed some life into the market," said an Australian coal producer.

While most of the tenders launched by the South Korean utilities are term tenders for delivery starting from 2010, they are also still seeking about 3 million tonnes of coal for delivery starting from November 2009.

"Generally, the view is that supplies could be quite tight in the fourth quarter since there's limited uncontracted tonnage out of Australia," said the producer.

After an increase in enquiries in late September, traders said China's interest in Australian thermal coal has faded following the recent increase in freight rates and coal prices.

However China's demand for Indonesian coal imports remain firm.

"Indonesia is still China's favourite overseas supplier. Demand from China is still very healthy and that is continuing to help absorb the excess supplies in the market," said a Singapore-based trader.

After having posted its sharpest increase in the year in late September, steam coal prices have remained in an uptrend at China's Qinhuangdao port, the country's largest coal trans-shipment port.

Steam coal prices in China rose for the third straight week, with top grade coal with a heating value of 5,800 kcal/kg (NAR) hovering at between 603 and 635 yuan per tonne.

The increase in Chinese domestic coal prices, which is largely due to the shutdown of small and unsafe mines, has encouraged more Chinese traders and utilities in the south to seek supplies from overseas.

In South Africa, thermal coal prices have also increased for the second week to $62.75 a tonne on the back of Indian buying, while improving demand from Europe is also expected to buoy prices in the coming months.

After briefly touching $80 in July, thermal coal prices in Asia have since fallen to languish at around $66-$68 a tonne over September, as unexpectedly strong production from Indonesia met seasonally low demand.
Source: Reuters



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

Recent News

Sunday, 01 November 09
MINES REGULATION AMENDMENT BILL TO BE TABLED IN PARLIAMENT
Thaindia News reported that, A bill seeking to amend the Mines and Minerals Development Regulation Act, 1957, will be introduced in the winter sessi ...


Sunday, 01 November 09
THE COAL MOVEMENT TO INDIA FROM SOUTH AFRICA AND INDONESIA WOULD BE CONTINUE INCREASE - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI continued to be firm with an increase of 60 points and closed at 3,103 points. The cape index also was firm an ...


Sunday, 01 November 09
INDONESIA ADARO Q3 NET PROFIT JUMPS ON COAL DEMAND
* Q3 net profit up 131.6 percent to 1.27 trillion rupiah * Q3 revenue up 56.8 percent to 7.12 trillion rupiah Reuters reported that, Indonesia' ...


Sunday, 01 November 09
PT INDIKA MAY BUY STAKES IN BHPB INDONESIA OPERATIONS
Dow Jones reported that Indonesian coal producer PT Indika Energy may buy stakes in BHP Billiton Limited's Indonesian coal operations and in local ...


Sunday, 01 November 09
ADAVALE RESOURCES MAKES COAL ACQUISITIONS IN INDONESIA
Adavale Resources Limited has entered into an agreement to acquire the rights to two thermal coal projects Tapan and Jambi in Sumatra Indonesia, hel ...


   1255 1256 1257 1258 1259   
Showing 6281 to 6285 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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