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Saturday, 30 August 14
INDIAN GOVERNMENT SHOULD TAKE NOTICE: THERMAL COAL IMPORT PRICES EXTREMELY LOW - COMMODORE RESEARCH
COALspot.com: Both Indonesian and Australian thermal coal prices are at the lowest levels seen this decade, with Indonesia's monthly benchmark thermal coal price last marked at approximately $70/ton and Australian thermal coal currently selling for approximately $69.50/ton, said Commodore Research & Consultancy in its latest analysis report. These are the lowest levels seen this decade. In addition, the average daily price to charter a panamax vessel now stands at $6,941/day, which is only slightly higher than operating costs.
According to Jeffrey Landsberg, Managing Director of Commodore Research, Indian power plant coal stockpiles have now fallen below 9 million tons, which is a critically low level that is the lowest amount seen in twenty-three months and India is in dire and immediate need of more thermal coal. Commodore Research further noted that, at the same time, Indian electricity demand continues to surge and growth in hydropower production remains much lower than seen in previous years, as India has experienced a much weaker than normal monsoon season this year.
Commodore Research is in view that, there is one favorable element on the side of the Indian government however. Thermal coal import prices are at the lowest level seen this decade and panamax shipping costs are also still low. The time for India to take advantage of low thermal coal import prices (and currently low panamax shipping rates) is now. While India's government has had to contend with critically low power plant coal stockpiles, the nation is very fortunate that both thermal coal import prices and panamax shipping rates are low.
India's citizens should not be left without power. Fortunately for the nation, India's domestic coal supply shortage is coinciding with an environment that is extremely advantageous for thermal coal imports.
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Wednesday, 19 November 14
SHIPPING MARKET INSIGHT - BY KATERINA RESTIS
The current Ebola outbreak in West Africa has been declared as a worldwide health emergency by the World Health Organization and has had a great im ...
Tuesday, 18 November 14
VALEMAX DEAL TO DETERMINE DRY BULK MARKET'S FATE - DREWRY MARITIME RESEARCH
Vale’s accord to sell and lease four Valemax vessels to COSCO might have negative repercussions on dry bulk freight rates. Vale has committed ...
Tuesday, 18 November 14
SUB-BIT FOB INDONESIA COAL SWAP DELIVERY Q2' 2015 CLOSED AT $ 49.55; DOWN 4.10% M-O-M
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, gained week on week and day on day.
The Q1 swap has lost US ...
Tuesday, 18 November 14
FOB RICHARDS BAY COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT $ 66.31; UP 1.33% W-O-W
COALspot.com: API 4 FOB Richards Bay Coal swap for Q1’ 2015 delivery has gained US$ 0.27 (+0.41%) month over month and US$ 0.87 (+1.33%) week ...
Tuesday, 18 November 14
CHEAP OIL PRICES COULD RESHAPE GLOBAL OIL EXPORTING MAP - HELLENIC SHIPPING
Tanker owners have enjoyed a rather healthy 2014, but as the year draws to a close, the fall of oil prices is bound to reshape traditional, as well ...
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- Anglo American - United Kingdom
- Deloitte Consulting - India
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- Gujarat Mineral Development Corp Ltd - India
- Kaltim Prima Coal - Indonesia
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Romanian Commodities Exchange
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Planning Commission, India
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- The University of Queensland
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Economic Council, Georgia
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Bhoruka Overseas - Indonesia
- Energy Link Ltd, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Videocon Industries ltd - India
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