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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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Thursday, 19 January 12
SOUTHGOBI RESOURCES SELLS MORE THAN FOUR MILLION TONNES OF COAL IN 2011, 58% MORE THAN 2010
COALspot.com - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) has successfully complets year 2011 on guidance in terms of coal sales and production.
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Thursday, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...
Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...
Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...
Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...
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- Australian Coal Association
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- SMC Global Power, Philippines
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Siam City Cement PLC, Thailand
- The University of Queensland
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Indian Oil Corporation Limited
- PTC India Limited - India
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bulk Trading Sa - Switzerland
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Ministry of Mines - Canada
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
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