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

Tuesday, 22 December 09
NEWCASTLE COAL SHIP QUEUE LONGEST IN TWO YEARS AS EXPORTS SLOW
Bloomberg reported that, the queue of coal ships waiting at Australia’s Newcastle port, the world’s biggest export harbor for the fuel, ...


Monday, 21 December 09
INDONESIA HAS EXPORTED AROUND 195.303 MILLION TONS OF COAL TILL END OF NOVEMBER 2009
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in November 2009, by taking 28.69% of  total exported quan ...


Monday, 21 December 09
RUSSIAN COAL MINER SUEK EYES '10 LONDON IPO
* Company valued at around $8-$9 bln - banking source * IPO could take place in H1 - source * May list 25 pct of share capital - report Reuters ...


Monday, 21 December 09
IGCC OUTLOOK CHINA 2010 TO BE HELD IN APRIL 2010 IN SHANGHAI
COALspot.com (China): Press Release -  Aiming at unveiling the growth area of IGCC polygeneration, IGCC Outlook China 2010 is planned to be hel ...


Sunday, 20 December 09
GLOBAL COAL MAJORS MAKE THEIR PRESENTATIONS
Major energy companies from four countries, including the U.S., Indonesia and South Africa, have completed detailed presentations before a committee ...


   1229 1230 1231 1232 1233   
Showing 6151 to 6155 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 ...

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