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

Thursday, 14 January 10
INDONESIA POWER REDUCES COAL SUPPLY
PT Indonesia Power will reduce coal supplies from PT Tambang Batu Bara Bukit Asam to its Suralaya Power Plant. "The coal supply for the plant s ...


Thursday, 14 January 10
INDIANS RESUME S. AFRICA COAL BUYING AGAINST INDEX - REUTERS
Indian trade buyers have resumed buying of South African prompt coal cargoes after a two-month hiatus but are opting for index-linked pricing, hopin ...


Wednesday, 13 January 10
STEAMING COAL SUPPLY SPOT CONTRACT FOR TAEAN POWER PLANT
COALspot.com (South Korea): Korea Western Power Co., Ltd is looking for total 1.12 million tons of Bituminous Coal for TAEAN Power Plant. Accord ...


Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE
Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, ...


Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15  vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – ...


   1217 1218 1219 1220 1221   
Showing 6091 to 6095 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 ...

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