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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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Thursday, 28 August 14
BANPU REPORTS HIGHER FIRST-HALF YEAR RESULTS FOR 2014
COALspot.com: Banpu Public Company Limited (BANPU) reports higher first half-year financial results for 2014 having its gross profit increasing 3 p ...
Wednesday, 27 August 14
FREIGHT MARKET: IS THE MARKET IN A RECOVERY MOOD? - GEORGE ILIOPOULOS
Is the market in a recovery mood?
August is typically a time when the shipping industry takes it easy… charter-ers book their requireme ...
Tuesday, 26 August 14
4TH ANNUAL ASIA NICKEL
4th Annual Asia Nickel
19-20 Nov 2014
Grand Hyatt Jakarta, Indonesia
Web Site
Asia’s Premier Nickel Conference
Regulation in ...
Tuesday, 26 August 14
DESPITE LOW DRY BULK RATES, BULKER PRICES ARE STILL HIGH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Traditionally, August tends to be a month of slow activity in the sale and purchasing market and this year has been no exception. However, as shipb ...
Tuesday, 26 August 14
GOVT ON TRACK TO LIMIT COAL OUTPUT - THE JAKARTA POST
The government has announced that it will proceed with plans to cap the production of coal next year, a move aimed not only at protecting the envir ...
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- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- New Zealand Coal & Carbon
- The University of Queensland
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- PTC India Limited - India
- Kaltim Prima Coal - Indonesia
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- White Energy Company Limited
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Thai Mozambique Logistica
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- Planning Commission, India
- Aditya Birla Group - India
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
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