The Coal-Oil Market Connection
With a rise in crude oil prices, the price of coal has tagged along for the ride, but will likely diverge in the long run.
Articles Tagged "import"
Coal Market Trends of 2010
Global demand for coal drove prices up in 2010, and this trend should continue in coming years, due in part to growing energy needs of the world’s two largest consumers of coal: India and China.
Coal Demand Fueled By China’s Growing Energy Needs
In spite of international efforts to phase out the use of coal power plants, global demand and prices for the resource are on the increase fueled largely by China’s growing energy needs.
NTPC looks like to Bypass State Trading Firms on Coal Imports
India’s leading power generation utility, NTPC Ltd, may directly import the coal it needs, instead of asking state-owned trading firms such as MMTC Ltd and State Trading Corp. of India Ltd. to import the fuel for it. For full story, click here
NALCO Imports Coal to tide Over Fuel Crisis
Despite having a comfortable coal, the National Aluminium Company has decided to import coal to tide over its shortage in the wake of more coal demand for its 860 MW captive power plant here. For full story, click here
MMTC will import 12.5 mln tonne coal for NTPC
State-run trading firm MMTC Ltd announced that it will import 12.5 million tonnes of coal this fiscal for the country’s leading power producer, NTPC. MMTC has invited bids for purchasing coal to meet the requirements of the power major. For full story, click here
India's MMTC has issued tender to import 12.5 mln T coal
India’s MMTC Ltd. announced that it has issued a tender for supply of 12.5 million tonnes of imported coal over a period of one year for various power plants of National Thermal Power Corp Ltd. For full story, click here
China's demand for coal may save our mines
China has boosted its imports of Australian coking coal fiftyfold in the first quarter. The increase in import comes as China’s domestic production was cut, potentially saving Queensland from a further round of mine closures. For full story, click here
Govt. revises coal imports target by 15% for fiscal 2010
The Power Ministry declared that it has enhanced the coal imports target of electricity generation units by about 15% to 28.7 million tonnes in 2009-10 to ensure that the utilities do not reel under any dry fuel shortage. For full story, click here
Sail imports coking coal
Sail has access to captive reserves of iron ore but imports coking coal; high prices of this key input have pushed up the company’s raw material bill over the last couple of years. For full story, click here
