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Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
 COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil Nadu News Print Limited a seasoned and professionally run company to award a spot contract for six Supramax shipments to Nehel General Trading of India. Nehel Trading was quoted lowest price of US$ 79.53 per ton CIF Tuticorin / Ennore for Calorific value of 6000 kcal/kg GAD and Total Moisture 15% (arb), against TNPL’s recent coal tender, industry sources said.
Indonesian coal likely to be supplied to TNPL against the recent tender. There were Ten Indian coal trading companies were qualified to participate in the recent tender calling for 300,000 mt of imported coal. TNPL used to source coal from a combination of E- Tender and closed tender which they have been successfully doing for the past several years. Bidders in the recent tender were MSTC, Star Coal, Phoenix, Coastal Energy, Nehel General trading, Adani, Rudhra Energy, Knowledge Infrastructure, Gupta coal and Bhatia International. Nehel was quoted at US$ 79.53 per ton CIF Tuticorin / Ennore and followed by Adani at US$ 79.62 per ton just 9 US cents higher than Nehel's price. However, the 3rd lowest price was around US$ 10 higher than the first two lowest bidders, industry players further said.
Indonesian coal prices are expected to Increase in next month due to tight availability because of unseasonal rains affected coal producing areas in Indonesia, according to Indonesia coal Mining Association. “The freight market is expected to remain firm for next couple of weeks, as the iron ore movement is likely to increase”, said Capt. Reddy, Director of Vistaar Shipping, a ship operator in Singapore and India. Hence coal prices on FOB as well as CNF are seem to be increased coming weeks.
There was a rumors in the market that, TNPL was buying coal through the reccent tender on behalf of Tamil Nadu Electricity Board, the Tamil Nadu state owned electricity generator. This is further evidenced by TNPL’s tender documents mentions that disport may be Ennore or Tuticorin. TNEB used to unload the cargo through Ennore port and TNPL used to be receiving cargo either Tuticorin or Karaikkal port. Also market sources point out that MMTC, Indian government owned trading house, was a long-term sole supplier of TNEB, couldn’t provide supplies due to delay in MMTC’s EoI finalization formalities.
However, the recent calling of 300,000 ton of coal supply tender by TNPL is for TNEB or not is unknown.
Also the Indian trade sources says that if TNPL supplies coal to TNEB then EB would get fair prices and coal bill of EB may give relief to EB which overburdened with losses. MMTC used to supply coal to EB on index plus basis which resulted recent shipments at $100 plus whereas TNPL was successfully purchased millions of tones on firm price basis and always got lowest prices compared to other power utilities in India.
We further understand from trade circles that, TNEB’s PSU enquiry ( MMTC, STC, MSTC and PEC ) was floated few days back and be closes by 16th August 2010. Trade circles are eagerly watching for the results. In addition, they said whether the latest TNPL tender price of US$ 79.53 has any impact or reflection to TNEB’s new inquiry which TNEB was calling for 500 k MT coal supplies through PSUs.
It looks that consumers in india are getting wiser and consolidating their requirements and enhancing their capabilities of bargaining.
About TNPL
Tamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tami Nadu during early eighties to produce Newsprint and Printing & Writing Paper using bagasse, a sugarcane residue, as primary raw material. The Company commenced production in the year 1984 with an initial capacity of 90,000 tonnes per annum. Over the years, the production capacity has been increased to 245,000 tonnes per annum and the Company has emerged as the largest bagasse based Paper Mill in the world consuming about one million tones of bagasse every year. The co is swapping other private units bagasse with supply of equivalent coal. There by tthe additional supplies of bagasse being put to use for high value bagasse pulp used for paper. By this process tnpl is saving huge forex and developing by leaps and bounds.this model of tnpl has been well appreciated by intll industrial circles. The Company is in the process of implementing the Mill Expansion Plan for increasing the capacity to 400,000 tonnes per annum from July
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Monday, 05 January 15
CFR SOUTH CHINA COAL SWAPS GAINED WEEK OVER WEEK, SGX DATA SHOWS
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 2.50 (-4.02%) month over month and gained US$ 0.20 ( ...
Monday, 05 January 15
FIVE ENERGY SURPRISES FOR 2015: THE POSSIBLE AND THE IMPROBABLE - KURT COBB
The coming year is likely to be as full of surprises in the field of energy as 2014 was. We just don't know which surprises! I am not predictin ...
Monday, 05 January 15
THE SHIPPING MARKET IN 2014 AND LOOKING FORWARD - BIMCO
2014 started with plenty of optimism for a considerably better global economy and an improved shipping market. Things turned out somewhat different ...
Monday, 05 January 15
API 5 FOB NEWCASTLE COAL SWAP FOR Q1'15 DELIVERY CLOSED US$ 0.45 HIGHER COMPARED TO Q2'15 CLOSING
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 0.60 per MT (-1.15%) month over month and gained US$ 0.02 (+0.04%) ...
Sunday, 04 January 15
BALTIC DRY INDEX CONTINUES ITS DECLINE IN 2015
Wish you all a very Happy New Year 2015. The last report was dated 19th Dec 2014 and due to Christmas and new year holidays no reports were publish ...
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- TeaM Sual Corporation - Philippines
- The Treasury - Australian Government
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- IEA Clean Coal Centre - UK
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- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
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- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
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- The University of Queensland
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- McConnell Dowell - Australia
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- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
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- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
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- Directorate General of MIneral and Coal - Indonesia
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
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- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
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- Semirara Mining and Power Corporation, Philippines
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- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
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- Sindya Power Generating Company Private Ltd
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- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
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- Parliament of New Zealand
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- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
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- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Trasteel International SA, Italy
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- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
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- Antam Resourcindo - Indonesia
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Planning Commission, India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
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- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Indonesian Coal Mining Association
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
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