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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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Tuesday, 12 February 13
GOVERNMENT DECLARED INDONESIAN THERMAL COAL PRICE INCHES UP IN FEBRUARY
COALspot.com - The Indonesian government has declared bench mark price for coal has moved upwards in February 2013.
The monthly coal refere ...
Monday, 11 February 13
NEWCASTLE PORT SHIPPED 23.01 PERCENT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,967,761 MT of thermal and coking coal for week ended 0700 hours 11 February 2013, Newc ...
Sunday, 10 February 13
INDONESIA SUB-BIT SWAPS: "UP" - CFR SOUTH CHINA SWAPS: "DOWN"
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.72 percent W-O-W and CFR South China coal shipme ...
Sunday, 10 February 13
DRY BULK OVERSUPPLY OF TONNAGE SEEN WANING IN THE COMING MONTHS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It seems that the tide could be shifting in the dry bulk market, in terms of tonnage oversupply, according to the latest data figures. This could ex ...
Sunday, 10 February 13
HIGHER BUNKER PRICE PUSHES SEA FREIGHTS FIRM - REDDY
COALspot.com - The freight market was soft and all at same levels with Chinese year holidays next week.
The BDI was slightly down by 0.27 pct ad ...
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- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Bhushan Steel Limited - India
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
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