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
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING


South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, producers and traders said.

Indian buyers have been waiting since October for South African prices to fall back to $50,00 and many are yet to buy substantial tonnages which they have committed to end-users for Q1 delivery, traders and producers said.

Contrary to Indian traders' expectations, South African prices rose steadily during November and surged in December and again in early January to around $90,00 a ton FOB Richards Bay.

"The Indians have totally missed the boat. We have nothing left for Q1 and not much for Q2 and we're not alone. We've done business into China already and have enquiries for one-million tons from one Chinese utility alone," one major South African producer said.

"India needs at least 1-1,5 million tons a month from South Africa and if you assume cautiously that they only need to buy half of that during Q1, they will struggle to find it from anywhere in the market," he added.

India took over 30% of South Africa's 62-million tons of exports in 2009 and needs a similar tonnage in 2010.

"We've definitely noticed a rush in calls from desperate-sounding Indian trading companies looking for February and March coal," one broker said.

"Some of them are starting to realise that the market is genuinely tight and prices are not going to go down. They need to make some decisions very quickly if they want South African coal," he said. To read more  Mining Weekly / Reuters



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

Recent News

Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...


Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...


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 ...


Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned  coal mining company,  is planning to build an additi ...


Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...


   1220 1221 1222 1223 1224   
Showing 6106 to 6110 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 ...

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