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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, 22 October 14
CAPESIZE MARKET REMAINED UNDER PRESSURE
COALspot.com: The Dry Bulk market closed on the red for yet another week although following Friday sentiment has started to improve on the back of ...
Tuesday, 21 October 14
INDIA'S DIESEL DEREGULATION POSITIVE FOR OIL COMPANIES - FITCH
The Indian government's 18 October decision to deregulate diesel prices will have a positive effect on the national oil marketing companies tha ...
Tuesday, 21 October 14
LOW DEMAND PUTTING COAL SWAPS UNDER PRESSURE
COALspot.com: Indonesian coal swaps for delivery Q4' 2014 lost on day, week and month.
The swap has lost US$ 1.57 (-3.04%) month on month ...
Monday, 20 October 14
CHINA'S ENVIRONMENTAL POLICIES DO NOT SPELL THE END FOR COAL - WOOD MACKENZIE
China's environmental policies do not spell the end for coal Analysis across energy commodities show coal still accounting for 64% of power mix ...
Monday, 20 October 14
CFR SOUTH CHINA COAL SWAPS FAILED TO PERFORM POSITIVE
COALspot.com: API 8 CFR South China Coal swap for Q4’ 2014 delivery decreased US$ 3.04 (-4.57%) month over month and US$ 1.75 (-2.68%) week o ...
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- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Siam City Cement - Thailand
- TeaM Sual Corporation - Philippines
- Thai Mozambique Logistica
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Ministry of Finance - Indonesia
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- VISA Power Limited - India
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Barasentosa Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Videocon Industries ltd - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Indo Tambangraya Megah - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Rashtriya Ispat Nigam Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
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