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, 05 January 10
WINTER WEATHER SPIKES COAL PRICES - CHINA UPDATE


Cold weather is driving coal prices higher and will lend the advantage in annual negotiations to suppliers, analysts said, predicting that the rising price will lead to more upstream mergers and acquisitions of power companies with coal suppliers.

Many of China's southern provinces, including Jiangsu, Hubei and Anhui, face power constraints, China Business News reported Monday. Current coal prices as of Monday grew between 4-9 percent over last week, said Huang Peilin, head of
www.cctd.com.cn, the official coal transport and distribution information provider.

The Shanxi Datong reserve increased coal prices Monday by 20 percent from early December to 550 yuan ($80.53) per ton, while coal prices at the benchmark Qinhuangdao port went up more than 30 percent over the same period a year earlier, according to China Coal Information.

Cold weather resulted in rising power demand and coal consumption. Coal reserves in China's southern provinces are at a less than 10-day supply, compared with a normal inventory of 10-20 days, said Cao Yin, an energy and power sector analyst at Frost & Sullivan, a consulting firm.

The low inventory is due to unexpected pent-up power consumption following China's strong economic recovery. Electricity consumption grew 20-30 percent in December month-on-month from 6 percent in June, he said.

Many southern provinces rely on hydropower, but the dry winter season means they must use coal for power production, Huang said.

China's power companies used to import coal from overseas due to lower prices. However, the increasing demands of other economies are driving the international price closer to the domestic price, Cao said. Coal from Australia delivered to Guangdong ports stood at $100 per ton Monday, driving power companies back to domestic suppliers.

The cold weather has also hampered transportation by train and ship from coal reserves in China's midwest region to power plants in the east and coastal areas, Cao said.

The soaring prices could make it hard for power companies to strike a deal with coal suppliers for this year's annual contract, he said. Power companies and suppliers typically sign year-long contracts at less than the market price, but many suppliers have hesitated to sign such long contracts due to the fluctuation of coal prices, Cao remarked.

On the other hand, State power companies have difficulty in passing rising costs on to users, so they can't compromise either, which has led to demand often being only partially met almost every year, Cao said.
To read more 
Alibaba



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

Recent News

Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal. “We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...


Saturday, 30 January 10
THE ECI / CHINA (S7) ROUTE SOFTENED BY $ 5,736 AND CLOSED AT $ 27,360 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week probably in anticipation of Chinese New year holidays. BDI INDEX ...


Saturday, 30 January 10
INDONESIA TO CONSTRUCT 93 POWER PLANTS IN 2ND PROJECT
The government has announced its list of 93 power plants to be built under the second 10,000-megawatt (MW) power generation scheme. "With th ...


Saturday, 30 January 10
COAL FIRMS TO KEEP NATION IN THE BLACK
Some Indonesian coal mining companies on Friday pledged to allocate a greater share of their production this year to meet domestic market obligation ...


Friday, 29 January 10
INDIA STEAM COAL IMPORTS TO DOUBLE, BOOST SOUTH AFRICA
* SAfrica seen shipping 75 pct of its coal to Asia in 2010 * Logistics woes hamper SAfrica exports, India imports India's steam coal imports ar ...


   1207 1208 1209 1210 1211   
Showing 6041 to 6045 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 ...

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