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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 $6,941/day, which is only slightly higher than operating costs.
According to Jeffrey Landsberg, Managing Director of Commodore Research, Indian power plant coal stockpiles have now fallen below 9 million tons, which is a critically low level that is the lowest amount seen in twenty-three months and India is in dire and immediate need of more thermal coal. Commodore Research further noted that, at the same time, Indian electricity demand continues to surge and growth in hydropower production remains much lower than seen in previous years, as India has experienced a much weaker than normal monsoon season this year.
Commodore Research is in view that, there is one favorable element on the side of the Indian government however. Thermal coal import prices are at the lowest level seen this decade and panamax shipping costs are also still low. The time for India to take advantage of low thermal coal import prices (and currently low panamax shipping rates) is now. While India's government has had to contend with critically low power plant coal stockpiles, the nation is very fortunate that both thermal coal import prices and panamax shipping rates are low.
India's citizens should not be left without power. Fortunately for the nation, India's domestic coal supply shortage is coinciding with an environment that is extremely advantageous for thermal coal imports.
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Monday, 27 October 14
CFR SOUTH CHINA COAL SWAPS PERFORMED POSITIVE THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery decreased US$ 1.68 (-2.55%) month over month and increased US$ 0.87 (+1.3 ...
Sunday, 26 October 14
CAPE'S STRONG PERFORMANCE PUSHES BDI INDEX UPWARDS
COALspot.com: The BDI was up by 26.27 pct and closed at 1192 points week and week. The Cape size performance has pushed up BDI and Cape size index ...
Friday, 24 October 14
WEEKLY U.S COAL PRODUCTION DOWN 2.7% FOR THE WEEK ENDING OCTOBER 18
COALspot.com – United States the world's one of largest coal producers, produced approximately 18.7 million short tons (mmst) of coal in ...
Thursday, 23 October 14
THE BEARS, HOWEVER, STILL CRY; FOR HOW LONG WILL IT LAST? - FEARNLEYS
Handy
"We experience a typical oversupply of ships in the Atlantic which causing rates to slide. In the USG it is just enough cargoes to kee ...
Wednesday, 22 October 14
MARKET INSIGHT - THEODORE NTALAKOS, INTERMODAL
ECO designs - revisited
The ECO vessels are already here but the oil and bunker prices are plummeting to their cheapest level since 2010. Is this ...
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- Rio Tinto Coal - Australia
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Central Electricity Authority - India
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Tamil Nadu electricity Board
- White Energy Company Limited
- Xindia Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Planning Commission, India
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Minerals Council of Australia
- Bhatia International Limited - India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- PTC India Limited - India
- OPG Power Generation Pvt Ltd - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
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