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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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Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
Saturday, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points.
The drop in BDI was mainly due to dr ...
Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...
Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...
Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...
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- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Manunggal Multi Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Eastern Energy - Thailand
- Marubeni Corporation - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Economic Council, Georgia
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Australian Coal Association
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Trasteel International SA, Italy
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