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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, 29 September 14
INDONESIAN COAL EXPORT VOLUME FALL IN AUGUST
COALspot.com: Indonesia, one of the world's largest coal producers and the global leading multi grade coal exporter shipped around $1.50 ...
Monday, 29 September 14
INDONESIAN COAL SWAPS LOST WEEK ON WEEK AND MONTH OVER MONTH
COALspot.com: Indonesian coal swaps for average November 2014 flat day on day and lost US$ 0.85 (-1.66%) per mt week on week. The swap also lost US ...
Monday, 29 September 14
CFR SOUTH CHINA COAL LOST AROUND 5% MONTH ON MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in November 2014 decreased US$ 3.55 (-5.10%) month over month and flat week over week.
...
Sunday, 28 September 14
FREIGHT RATES FROM INDONESIA TO INDIA IS EXPECTED TO BE FIRM NEXT WEEK - CAPT. REDDY
COALspot.com: The freight market shows a bit weak trend this week.
The BDI was lost 2.42% week on week and closed at 1049 points on 26 Se ...
Sunday, 28 September 14
BERAU AGREES DEAL WITH GOVT, MINING AREA REDUCED - THE JAKARTA POST
Coal miner PT Berau Coal, a subsidiary of Jakarta-listed PT Berau Coal Energy (BRAU), has signed a memorandum of understanding (MoU) with the gover ...
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- CIMB Investment Bank - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Electricity Generating Authority of Thailand
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- PTC India Limited - India
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- The University of Queensland
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Karaikal Port Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- GAC Shipping (India) Pvt Ltd
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- GMR Energy Limited - India
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
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