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
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS


* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected

Colombian coal is starting to move into China to feed the voracious demand of coastal utilities which cannot get enough domestic coal, traders said on Thursday.

New Colombian spot business into China will accelerate the global tightening of coal supply and continued rise in prices, they said.

"It's certainly getting interesting and I can't say too much about the cargo we sold but the appetite for coal from Colombia - and elsewhere - in China is there," a Colombian coal exporter said.

"It remains to be seen how much they actually book but there do seem to be opportunities for spot business. It's difficult now because the market's so volatile and swaps prices move dramatically within a few hours," he said.

China is the world's largest coal producer but imported over 50 million tonnes in 2009 because imports to coastal utilities were cheaper than domestic coal railed or shipped from mines in the north.

The current severe weather in China is disrupting domestic deliveries and increasing power demand at the same time, traders said. While this continues, China will suck in coal from all possible origins.

COLOMBIA WINDOW

During 2009 strong freight rates kept the delivered cost of Colombian coal to China uncompetitive compared with Australian, Russian, Indonesian and South African coal.

Colombia was the sole major coal exporting country unable to benefit from Asia's hunger for coal last year but a window is opening to allow some spot trades, they said.

"There's not going to be major term business of millions of tonnes from Colombia to China in 2010 but it's fair to say that the window is opening for some spot cargoes. Some opportunistic trade is looking viable right now," one major European utility/trader said.

A prompt loading cape cargo of Colombian coal has been sold this week to a Chinese utility by a producer, said a major Colombian producer who declined to be identified.

"There are enquiries in the freight market, there are firm numbers being talked now from Colombia to China," said Emmanuel Fages, analyst with Paris-headquartered Societe Generale. To read more  Reuters / Alibaba



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

Recent News

Wednesday, 13 January 10
CONSOL SELLS FIRST COAL TO CHINA
Coal and natural gas company CONSOL Energy Inc.made its first sale of high-volume coking coal to Asia from its Bailey Mine in Northern Appalachia. T ...


Tuesday, 12 January 10
COAL PRICE FORECAST RAISED AT ANZ ON STRONGER CHINESE DEMAND
Power-station coal price forecasts for this year were raised 19 percent by Australia & New Zealand Banking Group Ltd. on rising demand from Chin ...


Tuesday, 12 January 10
BUMIS SALE CONTRACT ONLY REACHED 35 PERCENT
PT Bumi Resources has only completed 35 percent if its coal sale contract this year. “More than 65 percent of our sale volume did not have a c ...


Monday, 11 January 10
THE MARKET IS LIKELY TO BE STEADY - VISTAAR SINGAPORE
COALspot.com (Singapore): The freight market for the first week of the year was quite active and the market especially in the Panamax and Supramax s ...


Monday, 11 January 10
CHINAS COAL EXPORT MAY DECLINE 50% IN 2009
Preliminary data released by China's General Administration of Customs (GAC) on Wednesday showed that China's coal export reached 2.05 million ton ...


   1219 1220 1221 1222 1223   
Showing 6101 to 6105 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 ...

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