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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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Sunday, 13 October 13
API 8 CFR SOUTH CHINA COAL - AVERAGE Q4 2013 DELIVERY FELL 0.30 PERCEPT ON WEEK
COALspot.com : API 8 CFR South China Coal swaps for average Q4 2013 delivery fell 0.30 percept week on week on Friday 11 October 2013. The CFR South ...
Saturday, 12 October 13
PANAMAX: OWNERS ARE AT US$ 17-18.5K PER DAY; CHARTERERS ARE AT US$ 15.5-16K - CAPT. REDDY
COALspot.com - The futures market was heavily down on the cape size vessels and the physical average charterer rates on cape size vessels dropped by ...
Friday, 11 October 13
DRY BULK FREIGHT RATE POSITIVE MOMENTUM TO BE SUPPORTED BY HIGHER DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO released its latest short term research on the shipping markets, estimating that the elevated level of Capesize TC average rates i ...
Friday, 11 October 13
US COAL PRODUCTION FALLS 7.70% IN SEPTEMBER
COALspot.com – United States the world’s second largest coal producer produced approximately 17.70 million short tons (mmst) of coal in ...
Thursday, 10 October 13
NPC AUSTRALIA SHIPPED 2.99 MILLION TONS OF COAL W-O-W
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 12.04 per cent week on week to 2.99 million mt for ...
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- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Romanian Commodities Exchange
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Deloitte Consulting - India
- PTC India Limited - India
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Central Electricity Authority - India
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
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