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Wednesday, 09 July 14
INDIAN GOVERNMENT ADVISED POWER UTILITIES TO INCREASE COAL IMPORTS
COALspot.com: The government of India has advised power utilities to increase coal imports to meet fuel shortages and those that have fuel supply pacts with CILBSE -4.60 % to lift coal under "as is where is" scheme by arranging their own logistics, as reported by Economic Times.
According to Economic Times, "In order to ensure adequate availability of coal, Coal India Ltd BSE -4.60 % (CIL) has been impressed upon to enhance production of domestic coal in the country and power utilities have also been advised to enhance import of coal," Coal and Power Minister Piyush Goyal said in a written reply to the Rajya Sabha.
The supply of coal to power sector from CIL during the April-June period was 88.66 MT as against the target of 101.61 MT. In order to meet this shortfall of around 12.95 million tons, power Utilities were advised to import coal, as reported by paper.
According to Coal and Power Minister of India during the 2014-15 fiscal, as against domestic coal requirement of 527 MT, availability of domestic coal is 473 MT, leaving a shortfall of 54 MT. The minister further added, "During the period April-May, 2014 power utilities have imported 7.6 MT against pro-rata target of 9.0 MT," said Economic Times.
India is already a net coal importer and importing coal from all coal producing countries like US, Colombia, Russia, South Africa, Australia and Indonesia. Indonesia is the largest coal supplier of India. Indian cement, paper and private power producers consumed Indonesian coal since 1992/1993.
Increase of imported coal usage in India might help to correct the current international coal prices upward, a coal trader from India said. The potential increase of coal imports from current level in to India in near future is also expected to help to heal the freight market at least to survival level from current critical level. However, there is no sign of sudden jumps in coal inquiries from India.
The Ministry of Energy & Mineral Resources of Indonesia again revised down the coal bench mark price in July. HBA for month of July sets at US$ 72.45 which is US$ 1.19 lower than last month HBA. The declared Indonesian Coal Price Reference for this month is the lowest since November 2009.
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Monday, 23 June 14
COAL SWAPS DROPS FURTHER MONTH ON MONTH ON WEAK DEMAND
COALspot.com: API 8 CFR South China Coal swaps for average Q3 14 deliveries lost 6.91 percent month on month and closed at US$ 69.00 per mt a ...
Sunday, 22 June 14
THE PANAMAX COAL FREIGHT FROM INDONESIA TO INDIA SLIPPED THIS WEEK
COALspot.com: The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell slightly on Friday ...
Friday, 20 June 14
DRY BULK MARKET LOOKING FOR UPSIDE ON ROBUST SEABORNE IRON ORE TRADE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market hasn’t been able to justify the heightened expectations this year. Yesterday, the Baltic Dry Index managed to inch forwar ...
Friday, 20 June 14
US WEEKLY COAL PRODUCTION DROPS 1.8% WEEK ON WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 19 June 14
PANAMAX: VERY CLOSE TO BREAKING THE ALL TIME LOW RECORD - FEARNLEYS AS
Handy
The Supra-Handy market is experiencing the same market slow down as its bigger sister markets however not to the same extent. We see TA rat ...
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- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Mjunction Services Limited - India
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Central Java Power - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- New Zealand Coal & Carbon
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Billiton Holdings Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
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