We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 15 April 10
MAJOR THERMAL COAL CONTRACT AT 40% HIGHER PRICE THAN LAST YEAR - BUSINESS STANDARD
Business-Standard reported that, India is expected to import nearly 60 million tonnes of thermal coal this year.
After coking coal and iron ore, thermal coal supply contracts have now been signed at a much higher price than last year. Recently, term contracts for Newcastle coal were signed at $97-98/mt between producer Xstrata and Japan’s Chubu Electric for 2010-2011, about 40 per cent higher than last year. These were initial contracts. Thermal coal is used by power plants.
Initial expectations were that contracts for thermal coal would be signed at $85-90 a tonne. Last year, thermal coal contracts were settled at $70 a tonne.
James O’Connell, managing editor, Platts, the premier agency that tracks the energy sector, said: “This initial contract is assumed by many to be a benchmark, especially when it is between two such big players.”
Some Japanese utilities link prices of their contracts to the global COAL index. Hence, they do not negotiate an annual price, just an annual tonnage contract. However, according to James: “Bumi Resources, Indonesia’s largest coal producer, told Platts that one of its two coal producing units, Kaltim Prima Corp, settled an FY10 contract with a major Japanese thermal coal buyer at $104/tonne FoB.”
India is expected to import nearly 60 million tonnes of thermal coal this year. MMTC and Adani Enterprises are major importers.
Thermal coal spot prices, ruling around contract prices at present, are unlikely to move up further. According to industry sources, China is presently not in the market and subdued imports from the neighbouring country mean prices will remain capped.
Jigar Shah, head of research, KIM ENG Securities India, said: “This is an initial contract and most of India’s thermal coal imports are from Indonesia. The prices at which they are negotiated will be crucial for Indian power and cement plants which import coal.” Many new private sector power companies import thermal coal. Most of India’s coal imports come from Indonesia and South Africa.
Source: Business-Standard (By: Rajesh Bhayani)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
Thursday, 19 August 10
INDONESIA EXPORTED 5.93 MLN TON OF COAL TO CHINA AND 3.52 MLN TONS TO INDIA IN JULY
COALspot.com: Indonesia shipped 3.52 million tones of thermal coal to India in July, fell 25.39 percent compared to June's exports of 4.71 million ...
Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender ...
Thursday, 19 August 10
PANAMAX BACKED BY A STRONGER SHORT PERIOD MARKET AND SUPPORTED BY SOME FRESH REQUIREMENTS - FEARNBULK
Handy
The events of this week have confirmed our assessment of last week i.e. activity gradually picked up in the Atlantic with more enquiry seen ...
Thursday, 19 August 10
CSC TO SHIP COAL FOR NOROCHCHOLAI POWER PLANT
Daily Mirror reported that, coal for the Norochcholai Power Plant will be shipped to the country by the Ceylon Shipping Corporation (CSC) officials ...
|
|
|
Showing 5656 to 5660 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Oldendorff Carriers - Singapore
- Tata Chemicals Ltd - India
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- ASAPP Information Group - India
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Thai Mozambique Logistica
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
|
| |
| |
|