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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 $6,941/day, which is only slightly higher than operating costs.
According to Jeffrey Landsberg, Managing Director of Commodore Research, Indian power plant coal stockpiles have now fallen below 9 million tons, which is a critically low level that is the lowest amount seen in twenty-three months and India is in dire and immediate need of more thermal coal. Commodore Research further noted that, at the same time, Indian electricity demand continues to surge and growth in hydropower production remains much lower than seen in previous years, as India has experienced a much weaker than normal monsoon season this year.
Commodore Research is in view that, there is one favorable element on the side of the Indian government however. Thermal coal import prices are at the lowest level seen this decade and panamax shipping costs are also still low. The time for India to take advantage of low thermal coal import prices (and currently low panamax shipping rates) is now. While India's government has had to contend with critically low power plant coal stockpiles, the nation is very fortunate that both thermal coal import prices and panamax shipping rates are low.
India's citizens should not be left without power. Fortunately for the nation, India's domestic coal supply shortage is coinciding with an environment that is extremely advantageous for thermal coal imports.
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Monday, 15 September 14
CFR SOUTH CHINA COAL SWAP GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 2.30 (-3.36%) month over month, but increased day on day a ...
Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...
Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy
We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report.
"We see rates c ...
Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...
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- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Bharathi Cement Corporation - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- PTC India Limited - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- The University of Queensland
- Planning Commission, India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
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