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 : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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