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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, 11 January 12
NEWBUILDING ORDERS DECLINE, AS SHIP OWNERS REALIZE OVERSUPPLY WILL "KILL" THEM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With 2012 now underway, it will be rather interesting to see how ship owners will play the "newbuilding ordering" card to their favor, as ...
Tuesday, 10 January 12
THE 4TH DEEPWATER ASIA CONGRESS 2012 WILL KICK OFF ON MAY 23 - 25
Press release - Based on the past three years’ success, SZ & W Group is excited to announce the 4th Deepwater Asia Congress will be held o ...
Monday, 09 January 12
2012: WHAT WILL IT BRING FOR THE DRY BULK MARKET? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A further increase in dry bulk demand could be the remedy for most of the industry's oversupply issues, together of course with the high level of s ...
Sunday, 08 January 12
ICICI OUTLOOK ON INDIAN POWER, MINING,CEMENT, AND SHIPPING SECTORS PERFORMANCE IN 2012
Broking firm, ICICIdirect (India) has come out with report on sectors outlook for 2012. IRIS has collated key highlights for each sector from ...
Sunday, 08 January 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 7000 PER DAY - VISTAAR
Wish You a Very Happy and Prosperous New year 2012.
COALspot.com - The last report by us was on 16th Dec 2011 and because of holidays this would ...
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- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Wilmar Investment Holdings
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Indian Energy Exchange, India
- PTC India Limited - India
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Meralco Power Generation, Philippines
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
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