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
Wednesday, 27 January 10
ASIA'S 2010 STEAM COAL IMPORTS TO REACH 460 MLN T


* China to import up to 100 mln T of steam coal in 2010
* China, India seen investing in southern Africa assets


Asian imports of steam coal will rise to 460 million tonnes this year from roughly 400 million tonnes in 2009, which will boost prices, a coal consultancy said on Wednesday.

Demand for coal by far outstrips supply in countries like India and China, which are largely reliant on coal to feed their power industries, and heightens their reliance on imports from countries such as South Africa, one of the top producers of the commodity.

Gerard McCloskey, head of the consultancy, told a coal exports conference in Cape Town most South African coal may be going to Asia this year.

"This year the feeling is that 75 percent of South African coal may be going to Asia ... I don't know where the coal is going to come from to satisfy the market," he said.

India was the biggest single buyer of South African coal in 2009, accounting for 22-35 percent of monthly exports throughout the year, and is hungry for more to feed its burgeoning power needs.

South Africa shipped just 61 million tonnes of coal last year, despite an export terminal capacity of 76 million tonnes, because of a lack of adequate railway infrastructure to transport the resource to the port.

There are already enquiries from India and China for far more coal than is available for the first quarter of the year, making a scramble among buyers and an increase in prices inevitable, producers say.

"China will continue to dominate... understanding China will help us understand what is happening to the market," - Gerard McCloskey

McCloskey said China alone, which produced nearly 2.9 billion tonnes of coal in 2009, will need as much as 5-7 billion tonnes in the 2020s to feed its rising demand.

China is the world's largest coal producer but became a net importer last year when the price of domestic coal outstripped that of imported coal.

China is expected to import up to 100 million tonnes of steam coal in 2010 and up to 70 million tonnes of coking coal, he said.

"China will continue to dominate... understanding China will help us understand what is happening to the market," he said.

McCloskey said India and China would also seek to invest in coal assets in various regions, including southern Africa.

Source: Reuters



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

Recent News

Thursday, 28 January 10
THE IRON ORE EXPORTS FROM INDIA TO CHINA ARE DOWN AND THE RATES DROPPED
HANDY The BSI has continued its downward trend confirming the softening of the Atlantic since the previous week and reflecting a correction of the ...


Thursday, 28 January 10
COAL - VIETNAM / TRADE
Vietnam expects to turn into a coal importer within three years, spurred by an industrial boom and rising power consumption, a senior executive with ...


Thursday, 28 January 10
JAPAN STEELMAKERS OPPOSE QUARTERLY COAL CONTRACTS
Japanese steelmakers oppose miner BHP Billiton's attempt to switch to quarterly contracts from annual deals for supplying coal, as the change would ...


Thursday, 28 January 10
BHP MAY SELL 25% STAKE IN INDONESIAN COAL PROJECT
BHP Billiton Ltd. plans to sell only a 25 percent stake in a coal project in Indonesia as it wants to retain control of the asset, said Indra Dianna ...


Thursday, 28 January 10
TRANSNET ASPIRES TO 81MT/Y COAL EXPORT CAPACITY
South African State-owned rail transport enterprise Transnet wants to increase coal-line rail capacity to 81-million tons a year as part of its Quan ...


   1208 1209 1210 1211 1212   
Showing 6046 to 6050 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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