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Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mechanism to GCV based mechanism to standardize its coal quality as well as prices. Starting from January 1, 2012, Coal India’s coal being sold based on GCV to its customers and also adjusted its coal prices based on current international coal prices, but extended discounts to its customers.
“Coal India recently linked its prices with international rates, and the company will now fix its prices after adjusting for exchange-rate fluctuations and the discounts it offers to local consumers,” Mr. Jha said, as quoted by WSJ. According to an another media, Coal India will review the impact of linking its coal prices with international prices on its sales realization in the next three months.
Reports also say, according to the chairman of coal India, the new pricing mechanism will not lead to any steep rise in coal prices.
However, market players in the opinion that, the shift to a pricing structure based on the gross calorific value of coal, from the useful heat value, could mean an increase of around 10% in weighted average prices for Coal India’s customers, an another media quoted.
If landed price of Indigenous coal and import coal are become a same level in the future, then end-users and buyers will prefer to import coal due to easy availability, flexible supply terms and quality consistence, said an Indian coal importer, requesting anonymity.
The coal India’s move to adjust it coal price and pricing mechanism to international level and standard is a good move on the long run. Nevertheless, it may affect immediately to industry as the industry was not ready to adjust their sourcing plan.
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Wednesday, 22 February 12
RAW COMMODITY EXPORT BAN SPARKS SMELTER BUILDING BOOM IN INDONESIA ANTARA / THE JAKARTA GLOBE
Antara / The Jakarta Globe reported that, as the government gears up to ban all exports of unprocessed commodities, Indonesia will see 12 new ...
Tuesday, 21 February 12
THREAT ISSUED ON MINERAL FIRMS AS GOVT PLANS EXPORT BAN - THE JAKARTA POST
The Jakarta Post, one of the leading english news papaer in Indonesia reported that, the government has given mineral producers three months to subm ...
Monday, 20 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU
The dry market experienced one more disappointing week with tonnage oversupply and limited cargo demand that pushes earnings for shipping players to ...
Monday, 20 February 12
JATENERGY SECURES FIRST 8000-TONNE COAL SALES CONTRACT FOR JONGKANG MINES
8000-tonne contract with Singaporean buyer signed for March delivery
50% down payment due in five working days
Production continues at both Jongka ...
Monday, 20 February 12
DIAN SWASTATIKA ACQUIRES ANDALAN LESTARI - INSIDER STORIES
Insider Stories reported that, PT Dian Swastatika Sentosa Tbk (DSSA), controlled by Fuganto Widjaja, son of Indra Widjaja, reported a 99.83% takeove ...
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- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- PTC India Limited - India
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Georgia Ports Authority, United States
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bukit Baiduri Energy - Indonesia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Directorate Of Revenue Intelligence - India
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
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