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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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Sunday, 08 January 12
THARPAK CONSORTIUM FORMED TO DEVELOP MEGA ENERGY COMPLEX IN SINDH PROVINCE, PAKISTAN
Press Release: On January 5th, TharPak, LLC met with officials of the Embassy of Pakistan in Washington DC to introduce and announce the formation o ...
Saturday, 07 January 12
COAL MARKETS SEE FALLING SPOT PRICES
COALspot.com – World’s thermal coal spot prices have slipped this week..
globalCOAL index in Newcastle Port, benchmark for Asian mark ...
Friday, 06 January 12
CLARIDEN GLOBAL BRINGS YOU INDONESIA MINING 2012
Capitalizing Business & Investment Opportunities in an Uncertain Market.Press Release - Clariden Global brings you Indonesia Mining 2012, the dedi ...
Friday, 06 January 12
THE PANAMAX MARKET EXPERIENCED A SLOW START TO 2012 - FEARNLEYS AS
Handy
As usual after a holiday owners and charterers both try to get a feel of the market. An Armada of Supras were talking to ballast towards USG, ...
Thursday, 05 January 12
DRY BULK MARKET TAKES A PLUNGE OF LOW ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected the first days of the new year are characterized by significantly low chartering across the board of the dry bulk market, pus ...
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- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- The University of Queensland
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mercator Lines Limited - India
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
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