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
Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS


Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. said.

Supply of the steelmaking raw material will fall short of demand by 27 million metric tons next year, a gap that will be filled by imports, Citigroup analysts Catherine Wang and Thomas P Wrigglesworth said in a Dec. 4 report.

China’s $586 billion stimulus spending has boosted steel demand from property developers and automakers. Steel output in China may rise 14 percent to 570 million tons this year, Xu Lejiang, chairman of the nation’s biggest producer Baosteel Group Corp., said last week in Beijing.

“Coking coal is our favorite bulk commodity,” the analysts said in the research report. “With limited supply, the sector is set to benefit from high levels of steel production in China.”

Hidili Industry International Development Ltd., southwestern China’s largest producer of coking coal, gained as much as 2.9 percent to HK$9.35 and traded at HK$9.25 at 10:40 a.m. The stock has almost quadrupled this year.

Coking coal demand in China may increase 9 percent to 509 million tons from this year, while production will grow 10 percent to 482 million tons, the report said. The forecast is based on pig-iron production of 597 million tons next year, according to the report.

Benchmark coking coal prices have risen 10 percent since May to 1,260 yuan a ton in Pingdingshan, according to industry researcher Steelhome. Pingdingshan, a city in China’s central Henan province, holds China’s largest reserves of coking coal.
Source: Bloomberg



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

Recent News

Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per ...


Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese co ...


Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% ...


Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 mi ...


Thursday, 26 November 09
CIL EYES OVERSEAS ACQUISITIONS TO BRIDGE SUPPLY GAP
Coal Minister Sriprakash Jaiswal on Wednesday said that state-run coal major Coal India is looking to acquire coal blocks in the US and  othe ...


   1243 1244 1245 1246 1247   
Showing 6221 to 6225 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 ...

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