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
Friday, 11 October 19
INDIAN MINERS REJECT PLAN TO LINK NATIONAL COAL INDEX TO FOREIGN PRICES - REUTERS
ReutersIndia’s miners are rejecting a government proposal to establish a national coal index that would be linked to international prices, documents reviewed by Reuters show, because it could make domestic supply uncompetitive.
 
India’s government is creating a coal price index as part of its plans to open the coal sector to outside investment and end state-run Coal India’s control over prices. The country plans to invite bids from global firms for coal mining blocks by the end of 2019.
 
A government panel has proposed one index that would link directly to foreign indexes, such as in Indonesia and Australia and a second proposal that measures the value and volume of all coal transactions, including imports, and compares them to a base period, government documents reviewed by Reuters showed.
 
Local coal prices would likely rise as a result of either proposed index, reducing the competitiveness of local supply, which typically has a lower heat content, to imports.
 
The Federation of Indian Mineral Industries (FIMI), which counts Rio Tinto’s India unit and India’s Adani Enterprises among members, objected to both plans in a Aug. 23 letter to the Ministry of Coal that was reviewed by Reuters.
 
FIMI argued instead that the government should base prices only on Coal India’s fuel supply agreements and e-auctions.
 
“The weightage of lower grades accounts for almost 70% of total (Indian) production. Contrary to this, global indexes are based on higher gross calorific value coals,” FIMI said.
 
India’s coal ministry declined to comment on details about the index and when it plans to release it.
 
“Indian coal market has not matured enough to be linked with such indexes. Indian coal is still suffering badly with quality issues at mines, prices are offered ex-mine unlike global indexes,” FIMI said.
 
Coal is among the top five commodities imported by India. Shipments are surging after the government failed to open the industry to competition, despite passing a liberalization policy 19 months ago.
 
FIMI argued that India should have a separate index for coking coal, used in steel mills.
 
But a future index should not look like Indonesia’s, which factors in various indices including the export index from Newcastle, Australia, as Indonesia is the world’s largest exporter, while India would forever remain an importer, FIMI said.
Source: Reuters


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

Recent News

Wednesday, 31 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
It was a fairly busy week in the dry S&P market. Despite the ease of Capesize rates which impacted Panamaxes as well, interest from potential b ...


Sunday, 28 July 19
ULTRAMAX - INDONESIAN COAL CARGOES SAW A 63,000DWT SHIP FIXING DELIVERY FOR A SOUTH CHINA TRIP VIA INDONESIA, REDELIVERY CHINA, AT $11,700 - BALTIC BRIEFING
Capesize The market was a white knuckled ride this past week as a large downside movement shed value quickly leaving many in bewilderment. The ...


Wednesday, 24 July 19
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.27 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.78 points Monday, down 0.27 percent week on week.   The index, released by Chi ...


Wednesday, 24 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
Tonnes of ink has been spent analysing the rebound of the dry bulk market the last weeks with the most representative example being the rising perf ...


Wednesday, 24 July 19
COAL'S DEMISE QUICKENS IN EUROPE AS MARKET SHIFT IDLES PLANTS - BLOOMBERG
Commodity markets are stripping away the case for coal in Europe, moving quicker than government efforts to close the most polluting power plants. ...


   270 271 272 273 274   
Showing 1356 to 1360 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 ...

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