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, 25 November 09
NAPOCOR SCRAPS AWARD OF 715,000 TONS COAL
Top Philippine electricity producer National Power Corp. (Napocor) said on Wednesday it had cancelled plans to award 715,000 tons in coal supply con ...


Wednesday, 25 November 09
RISING FREIGHT RATES HIT COAL IMPORTERS
While state-owned NTPC’s 12.5 million tonne coal import order may have been aimed at plugging the shortage of coal at its thermal power plants ...


Wednesday, 25 November 09
CSN TO BUY RIVERSDALE STAKE TO BOOST COAL SUPPLIES
Cia. Siderurgica Nacional SA plans to buy 16.3 percent of Australian coal-exploration company Riversdale Mining Ltd. for about A$190.5 million ($175 ...


Tuesday, 24 November 09
ICRA DOWNGRADES TNPL`S RATING TO LAA
Credit rating agency, ICRA has revised the long term rating for the Rs 11.25 billion long-term fund-based bank facilities and Rs 1.5 billion non-con ...


Monday, 23 November 09
INDONESIA MINING RULE THREATENS INVESTMENT DRIVE
  A new Indonesian mining rule, limiting contract work that can be outsourced and favouring local players, is shaping up as a new blow to plans ...


   1244 1245 1246 1247 1248   
Showing 6226 to 6230 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 ...

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