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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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Sunday, 09 November 14
CAPE INDEX UP 3.06%; PANAMAX INDEX FELL 4.05%
COALspot.com: The BDI was almost at same levels compared to last week closing or just increased 0.77 pct from last week. The BDI was closed at 1437 ...
Friday, 07 November 14
U.S. PRODUCED 85.60 MILLION SHORT TONS OF COAL IN OCTOBER, UP 2.88% M-O-M
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.0 million short tons (mmst) of coal ...
Thursday, 06 November 14
THE ATLANTIC HAS REMAINED STRONG WITH A HEALTHY SUPPLY OF NEW CARGOES
Handy
This week has continued its slow trend in both hemispheres and even though rates are a bit up w-o-w it is not a clear sign for any improvem ...
Wednesday, 05 November 14
CAPESIZE SEGMENT ENJOYED FIRMING RATES ACROSS BOTH BASINS
Following a fantastic week in terms of rate performance for Capes, the Dry Bulk market managed to note another positive weekly closing, which stron ...
Wednesday, 05 November 14
SHIPPING MARKET INSIGHT - PANOS TSILINGIRIS
COALspot.com: The steep appreciation in dry bulker values between late 2012 and March 2014 resulted in unrealistically expensive ship values compar ...
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- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Mjunction Services Limited - India
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Posco Energy - South Korea
- CNBM International Corporation - China
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
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