COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Monday, 18 April 16
SOUTH AFRICA RB1 COAL HAS LOST GROUND IN INDIA; RB2 MAY LOSE GRIP IF THE PRICE CROSSES US$ 50 A TON - TRADERS
Coal StockCOALspot.com: Indian coal consumers preferred to buy South Africa RB2 coal instead of RB1 coal recent months due to RB2's low CFR price level. According to an Indian coal trader, due to the pricing structure of RB2 coal, Indian consumers are preferred to stay with RB2 coal, the CFR price of RB2 coal is significantly lower compared to RB1 coal price. The RB1's high energy value is not supported to keep its market share in India and lost its majority of market share to RB2 coal.

However, the trader further noted that RB2 coal can enjoy its demand in India until the coal’s CFR price is able to compete with Indian washed coal of 4700 GAR energy. Sea Freight is also playing a significant role to keep South African RB2 coal competing in India. According to the trader, if RB2 coal's CFR price crosses US$ 50 per ton, the coal may lose demand in India as evaluated price of Indian washed coal will compete with RB2 on delivering basis.

Coal India, the single largest coal producer in the world, is now operating like a private coal miner and removing most of the hurdles that worked against buyers of Indian coal in the past, says a person familiar with the Indian domestic coal supplies. The coal India is now working with buyers of Its coal too closely and offering attractive terms to compete with imported coal. Recently Coal India has also removed premium that charged to buyers in the past if the buyer's requirement exceeds their allocation.

According to a trader, the quality of Indian washed coal is almost similar to RB2 coal except for energy value. When RB2 coal prices cross US$ 50 a ton, then the evaluated price of Indian washed coal will compete head-to-head with RB2 coal in Indian domestic market. The Cement producers. whose factories are closer to the Indian coal belts, considering switching part of their requirements to Indian washed coal from RB2 coal because the CFR price of RB2 coal is now touching US$ 50 a ton. However, he also pointed that, RB2 coal's demand will not be dried up like RB1 coal and the demand for RB2 coal may reduce from the current level.

RB2 coal's CFR prices were around US$ 44 per ton end of 2015, however, the price of RB2 coal now at (slightly below) US$ 50 per ton.

Commenting on Australian coal supplies to India, another trader said that, the Australian coal is having good demand and reception in Indian market. However, due to uncertainty of arrival of cargo within agreed lay-can, Indian end-users are reluctant to consider Australian coal compare to Indonesian or South African coal. Past few months, some of Australian coal shipments were failed to arrive at discharging ports within the agreed lay-can due to congestion in Australian coal exporting ports.

Indian private sector coal demands were flat or up slightly, but the public sector demands were falling, Indian domestic coal replacing Imported coal in the Public sector.

The demand of Imported coal in India in the second half of this year may fall slightly compared to previous years due to high output from coal India, wind power & hydro energy. However, the CFR price of imported coal will also play a significant role to decide the direction of demand for imported coal in India.

Hydroelectric power in India, according to Wikipedia, the present installed capacity as of February 2016 is 42,663 MW, which is 15.22% of total electricity generation in India. India Meteorological Department (IMD) on Tuesday (12 April) released southwest monsoon forecast for 2016 and said that 94 per cent of more than excess to heavy rainfall is predicted for this year. According to IMD, this year monsoon will be above normal. More or less, Monsoon 2016 is expected to be good.

Wind power accounts nearly 8.5% of India's total installed power generation capacity and generated 28,214 million Kwh (MU) in the fiscal year 2014-15 which is nearly 2.6% of total electricity generation, says Wikipedia. The capacity utilization factor is nearly 15 % in the fiscal year 2014-15. 70% of wind generation is from May to September, coinciding with South West monsoon duration.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 03 May 16
HOW TO AVOID THE LATEST CARGO FRAUDS - BIMCO
BIMCO receives regular reports from members around the world about cargo fraud. This week alone we have had two reports of cargoes being fixed (or ...


Monday, 02 May 16
INDIA'S GANGAVARAM PORT SETS ALL INDIA RECORD FOR NON-COKING COAL DISCHARGE
COALspot.com: Gangavaram Port, the deepest and the most modern port in India, has created yet another historical milestone record by discharging 15 ...


Monday, 02 May 16
CS (I) 5000 GAR COAL INDEX CLOSES 0.11% HIGHER, 5700 GAR COAL RISES 0.07% W/W
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.28 percent week over week to averaging $38.78 per ton on this past Friday, acco ...


Monday, 02 May 16
FREIGHT RATES ARE EXPECTED TO BE FLAT TO SOFT THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week. The freight market was ...


Saturday, 30 April 16
40 YEARS OF HANDLING COAL AT THE BTW IN WILHELMSHAVEN UNDER THE RHENUS FLAG
Press Release: The first bulk carrier with coal on board docked at the Bulk Terminal Wilhelmshaven (BTW), which is operated by Rhenus Midgar ...


   489 490 491 492 493   
Showing 2451 to 2455 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Borneo Indobara - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Banpu Public Company Limited - Thailand
  • Leighton Contractors Pty Ltd - Australia
  • Thriveni
  • CoalTek, United States
  • Oldendorff Carriers - Singapore
  • Ministry of Finance - Indonesia
  • Georgia Ports Authority, United States
  • PLN - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Cosco
  • Binh Thuan Hamico - Vietnam
  • Coal India Limited
  • Panama Canal Authority
  • Bukit Asam (Persero) Tbk - Indonesia
  • Inspectorate - India
  • Toyota Tsusho Corporation, Japan
  • Credit Suisse - India
  • TNB Fuel Sdn Bhd - Malaysia
  • MS Steel International - UAE
  • PetroVietnam
  • Central Java Power - Indonesia
  • Maersk Broker
  • Asmin Koalindo Tuhup - Indonesia
  • Total Coal South Africa
  • Moodys - Singapore
  • Peabody Energy - USA
  • Bhoruka Overseas - Indonesia
  • GB Group - China
  • BNP Paribas - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Vizag Seaport Private Limited - India
  • ACC Limited - India
  • Electricity Authority, New Zealand
  • Adani Power Ltd - India
  • Surastha Cement
  • Berau Coal - Indonesia
  • Tata Chemicals Ltd - India
  • Coaltrans Conferences
  • Globalindo Alam Lestari - Indonesia
  • Essar Steel Hazira Ltd - India
  • Thiess Contractors Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Vedanta Resources Plc - India
  • International Coal Ventures Pvt Ltd - India
  • Deutsche Bank - India
  • White Energy Company Limited
  • ING Bank NV - Singapore
  • Savvy Resources Ltd - HongKong
  • Fearnleys - India
  • PLN Batubara - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Tanito Harum - Indonesia
  • Gujarat Sidhee Cement - India
  • Global Coal Blending Company Limited - Australia
  • Britmindo - Indonesia
  • LBH Netherlands Bv - Netherlands
  • UBS Singapore
  • MEC Coal - Indonesia
  • Reliance Power - India
  • PowerSource Philippines DevCo
  • Asia Cement - Taiwan
  • Vale Mozambique
  • Coalindo Energy - Indonesia
  • Renaissance Capital - South Africa
  • Parry Sugars Refinery, India
  • Lafarge - France
  • Kideco Jaya Agung - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • IEA Clean Coal Centre - UK
  • Rudhra Energy - India
  • Asian Development Bank
  • Interocean Group of Companies - India
  • Gujarat Electricity Regulatory Commission - India
  • Clarksons - UK
  • Orica Australia Pty. Ltd.
  • Latin American Coal - Colombia
  • Runge Indonesia
  • ICICI Bank Limited - India
  • Tamil Nadu electricity Board
  • PTC India Limited - India
  • ANZ Bank - Australia
  • Eastern Coal Council - USA
  • Coastal Gujarat Power Limited - India
  • EMO - The Netherlands
  • Bharathi Cement Corporation - India
  • AsiaOL BioFuels Corp., Philippines
  • Larsen & Toubro Limited - India
  • Wood Mackenzie - Singapore
  • Rio Tinto Coal - Australia
  • Thai Mozambique Logistica
  • Energy Development Corp, Philippines
  • World Bank
  • Merrill Lynch Commodities Europe
  • Dalmia Cement Bharat India
  • Economic Council, Georgia
  • Directorate General of MIneral and Coal - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • India Bulls Power Limited - India
  • SASOL - South Africa
  • Indian Energy Exchange, India
  • Tata Power - India
  • Idemitsu - Japan
  • Platts
  • Barasentosa Lestari - Indonesia
  • Semirara Mining Corp, Philippines
  • Arutmin Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • GNFC Limited - India
  • GAC Shipping (India) Pvt Ltd
  • Baramulti Group, Indonesia
  • Sucofindo - Indonesia
  • globalCOAL - UK
  • Samtan Co., Ltd - South Korea
  • APGENCO India
  • PNOC Exploration Corporation - Philippines
  • Vitol - Bahrain
  • Price Waterhouse Coopers - Russia
  • McKinsey & Co - India
  • CNBM International Corporation - China
  • Siam City Cement - Thailand
  • McConnell Dowell - Australia
  • Vijayanagar Sugar Pvt Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • Petrochimia International Co. Ltd.- Taiwan
  • NALCO India
  • New Zealand Coal & Carbon
  • JPMorgan - India
  • Ince & co LLP
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Riau Bara Harum - Indonesia
  • Lanco Infratech Ltd - India
  • Cardiff University - UK
  • Heidelberg Cement - Germany
  • Gresik Semen - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Metalloyd Limited - United Kingdom
  • Malco - India
  • Chamber of Mines of South Africa
  • Bayan Resources Tbk. - Indonesia
  • J M Baxi & Co - India
  • Energy Link Ltd, New Zealand
  • The University of Queensland
  • Bank of America
  • Kartika Selabumi Mining - Indonesia
  • TANGEDCO India
  • Maheswari Brothers Coal Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Argus Media - Singapore
  • Attock Cement Pakistan Limited
  • Gupta Coal India Ltd
  • Videocon Industries ltd - India
  • SMG Consultants - Indonesia
  • Malabar Cements Ltd - India
  • Port Waratah Coal Services - Australia
  • IOL Indonesia
  • Bhushan Steel Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Maybank - Singapore
  • Independent Power Producers Association of India
  • Kaltim Prima Coal - Indonesia
  • Glencore India Pvt. Ltd
  • Salva Resources Pvt Ltd - India
  • SGS (Thailand) Limited
  • Edison Trading Spa - Italy
  • Jaiprakash Power Ventures ltd
  • Indogreen Group - Indonesia
  • GHCL Limited - India
  • Humpuss - Indonesia
  • KEPCO - South Korea
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indonesia Power. PT
  • Arch Coal - USA
  • HSBC - Hong Kong
  • Meralco Power Generation, Philippines
  • bp singapore
  • Aditya Birla Group - India
  • Qatrana Cement - Jordan
  • Indo Tambangraya Megah - Indonesia
  • GMR Energy Limited - India
  • Mitsubishi Corporation
  • Star Paper Mills Limited - India
  • SMC Global Power, Philippines
  • ETA - Dubai
  • Indorama - Singapore
  • KOWEPO - South Korea
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Noble Europe Ltd - UK
  • Cemex - Philippines
  • Geoservices-GeoAssay Lab
  • Adaro Indonesia
  • Inco-Indonesia
  • Shree Cement - India
  • RBS Sempra - UK
  • Minerals Council of Australia
  • Shenhua Group - China
  • Petrosea - Indonesia
  • Therma Luzon, Inc, Philippines
  • Mintek Dendrill Indonesia
  • Straits Asia Resources Limited - Singapore
  • Formosa Plastics Group - Taiwan
  • SRK Consulting
  • Thailand Anthracite
  • Sree Jayajothi Cements Limited - India
  • Platou - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • San Jose City I Power Corp, Philippines
  • TGV SRAAC LIMITED, India
  • Electricity Generating Authority of Thailand
  • Manunggal Multi Energi - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Sojitz Corporation - Japan
  • Trasteel International SA, Italy
  • Coal Orbis AG
  • Japan Coal Energy Center
  • London Commodity Brokers - England
  • The India Cements Ltd
  • Kalimantan Lumbung Energi - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Bulk Trading Sa - Switzerland
  • CESC Limited - India
  • OPG Power Generation Pvt Ltd - India
  • Ministry of Transport, Egypt
  • Standard Chartered Bank - UAE
  • Rashtriya Ispat Nigam Limited - India
  • Indian School of Mines
  • Xindia Steels Limited - India
  • Mercator Lines Limited - India
  • CCIC - Indonesia
  • Global Business Power Corporation, Philippines
  • KPMG - USA
  • Uttam Galva Steels Limited - India
  • NTPC Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Siam City Cement PLC, Thailand
  • Wilmar Investment Holdings
  • Iligan Light & Power Inc, Philippines
  • Enel Italy
  • Permata Bank - Indonesia
  • Kobe Steel Ltd - Japan
  • Marubeni Corporation - India
  • Singapore Mercantile Exchange
  • European Bulk Services B.V. - Netherlands
  • Bukit Makmur.PT - Indonesia
  • GVK Power & Infra Limited - India
  • TRAFIGURA, South Korea
  • Indonesian Coal Mining Association
  • Barclays Capital - USA
  • Pipit Mutiara Jaya. PT, Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Maharashtra Electricity Regulatory Commission - India
  • Kepco SPC Power Corporation, Philippines
  • Sakthi Sugars Limited - India
  • Xstrata Coal
  • South Luzon Thermal Energy Corporation
  • World Coal - UK
  • Samsung - South Korea
  • Anglo American - United Kingdom
  • Pendopo Energi Batubara - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Miang Besar Coal Terminal - Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Parliament of New Zealand
  • The Treasury - Australian Government
  • Indika Energy - Indonesia
  • Deloitte Consulting - India
  • IMC Shipping - Singapore
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Ambuja Cements Ltd - India
  • Thermax Limited - India
  • Grasim Industreis Ltd - India
  • Planning Commission, India
  • Bangkok Bank PCL
  • ASAPP Information Group - India
  • Pinang Coal Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Thomson Reuters GRC
  • Sarangani Energy Corporation, Philippines
  • Power Finance Corporation Ltd., India
  • Freeport Indonesia
  • Core Mineral Indonesia
  • SUEK AG - Indonesia
  • BRS Brokers - Singapore
  • Aboitiz Power Corporation - Philippines
  • OCBC - Singapore
  • Maruti Cements - India
  • Jatenergy - Australia
  • Directorate Of Revenue Intelligence - India
  • Medco Energi Mining Internasional
  • Eastern Energy - Thailand
  • TNPL - India
  • Krishnapatnam Port Company Ltd. - India
  • Petron Corporation, Philippines
  • Merrill Lynch Bank
  • KPCL - India
  • Mercuria Energy - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Madhucon Powers Ltd - India
  • Simpson Spence & Young - Indonesia
  • VISA Power Limited - India
  • Karaikal Port Pvt Ltd - India
  • Africa Commodities Group - South Africa
  • UOB Asia (HK) Ltd
  • Agrawal Coal Company - India
  • Cargill India Pvt Ltd
  • CIMB Investment Bank - Malaysia
  • Ceylon Electricity Board - Sri Lanka
  • Jindal Steel & Power Ltd - India
  • Neyveli Lignite Corporation Ltd, - India
  • Cement Manufacturers Association - India
  • Ind-Barath Power Infra Limited - India
  • Ernst & Young Pvt. Ltd.
  • Central Electricity Authority - India
  • DBS Bank - Singapore
  • U S Energy Resources
  • Commonwealth Bank - Australia
  • Mechel - Russia
  • EIA - United States
  • Cebu Energy, Philippines
  • Mitra SK Pvt Ltd - India
  • JPower - Japan
  • Coeclerici Indonesia
  • Posco Energy - South Korea
  • Kohat Cement Company Ltd. - Pakistan
  • Goldman Sachs - Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • Australian Coal Association
  • Mitsui
  • Indian Oil Corporation Limited
  • IBC Asia (S) Pte Ltd
  • Makarim & Taira - Indonesia
  • Russian Coal LLC
  • Kumho Petrochemical, South Korea
  • Intertek Mineral Services - Indonesia
  • Ministry of Mines - Canada
  • Bhatia International Limited - India
  • Orica Mining Services - Indonesia
  • Romanian Commodities Exchange
  • Carbofer General Trading SA - India
  • TeaM Sual Corporation - Philippines
  • Bangladesh Power Developement Board
  • Altura Mining Limited, Indonesia
  • Sical Logistics Limited - India
  • Mjunction Services Limited - India
  • Infraline Energy - India
  • Australian Commodity Traders Exchange
  • Bank of China, Malaysia
  • WorleyParsons
  • Antam Resourcindo - Indonesia
  • The State Trading Corporation of India Ltd
  • Coal and Oil Company - UAE