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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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Tuesday, 09 September 14
WEAK M&A DESPITE ABUNDANT DISTRESSED INDONESIA COAL ASSETS - FITCH RATINGS
COALspot.com: Fitch Ratings says that a meaningful level of merger and acquisition (M&A) activity leading to a consolidation of the coal sector ...
Tuesday, 09 September 14
PORT OF NEWCASTLE SHIPPED 13.207 MTN OF COAL IN AUGUST; TRADE VALUE AROUND $1.17 BILLION
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.17 billio ...
Monday, 08 September 14
SUB-BIT FOB INDONESIA COAL SWAP UNDERPERFORMED LAST WEEK
COALspot.com: Indonesian coal swaps for average October 2014 decreased US$ 0.20 (-0.39%) day on day and US$ 1.60 (-3.04%) per mt week on week. The ...
Monday, 08 September 14
API 8 CFR SOUTH CHINA COAL SWAP FOR DELIVERY JAN'15 CLOSED AT US$ 66.30 PMT W/E 5 SEPTEMBER 2014; LOST 5.15% M-O-M
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 0.15 (-0.23%) day on day and US$ 2.05 (-3.04%) week on wee ...
Monday, 08 September 14
CHINESE IRON ORE IMPORT DEMAND VERY STRONG - COMMODORE
COALspot.com: 30 dry bulk vessels were chartered in the spot iron ore market last week to haul iron ore import cargoes to Chinese buyers.
Acco ...
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- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement - Thailand
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Anglo American - United Kingdom
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
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