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Friday, 27 May 16
PET-COKE IMPORTS TO FACE PRESSURE IN INDIA
 COALspot.com: An Indian environmental activist moved the National Green Tribunal seeking ban on the use of all forms of petroleum coke, also called Petcoke, as it emits fine particulate matter (PM), which is harmful to human health, says PTI.
Petroleum coke or petcoke is a carbonaceous solid delivered from oil refinery coker units is a high calorific value solid fuel and is used for power generation by Indian private and public sectors due to its low delivered cost. According to PTI, the petition filed by Pritam Singh has contended that the demand and supply of Pet-coke was increasing at a high rate due to its cheaper cost and better availability compared to coal.
As reported by PTI, according to Ashwani Kumar Dubey, advocate of Pritam Singh "Pet-coke is being consumed by both the private and public sector with a massive growth rate. In FY 2013-14, 2.13 million tonnes were used in the public sector and 9.662 million tons were used by the private sector. However, in FY 2014-15, 2.381 million tonnes were used in the public sector and 12.027 million tonnes were used in the private sector. That approximately 5.81 million tonnes of petroleum coke were imported into the country in FY 2014-2013 as compared to 3.57 million tonnes in FY 2013-2014, thus having the growth rate of 62 per cent."
Indian utilities import Pet coke from the U.S. as well as Saudi Arabia due to its lowest price and high calorific value energy. Indian cement producers burn more Pet coke compared to power producers in India.
If India’s National Green Tribunal decides to ban the use of Pet Coke in India, then there will be short term energy supply disturbance, particularly for Pet coke users as those buyers may face contractual defaults with their respective Pet-coke suppliers as well as ship Owners. Any ban on with immediate effect would affect the vessels which are currently carrying Pet Coke towards India. The plants will also face fuel supply disturbance as those Pet Coke users should look for prompt and alternative high calorific coal to replace Pet coke to keep their factories in operating mode.
According to our market sources in India, some of the Indian Pet Coke users consuming Pet coke without getting amendments to their EC certificates where the approved sulphur level was maximum one percent. The Pet coke used to contain high sulphur content. The same sources told us that, in such case the punitive penalty would be huge and it will affect the bottom line of Pet Coke users in India.
The Indian National Green Tribunal’s decision if favors, environmental activists, the COALspot.com predicts there would be huge demand for higher calorific coal for prompt loading. Any sudden demand for high calorific value coal would push up the global coal price as well as shipping freight to a higher level compared to today’s level.
Commenting on Mozambique coal, our sources in India said, Indian cement, utilities are now accepting coal from Mozambique as coal prices of Mozambique origin were working out cheaper on an evaluation basis compared to current RB2 coal prices.
5500 NAR coal from South African origin coal is offered at around US$ 53 per ton basis CFR East Coast of India, whereas 6100 NAR coal of Mozambique origin is being offered at around US$ 50 per ton for the same destination. Mozambique coal’s volatile matter is around 20%, which is quite low compared to South African coal and Ash content is around 23% which is also quite higher compared RSA coal. However, Indian cement, utilities are now days accepting Mozambique coal without any hesitation due to its price advantages.
South African coal is also slowly losing its grip in India due to its high price levels compare to coal from other sources. According to a market player, RB1 coal is almost out of India and the Mozambique coal will also possibly push out RB2 coal soon if the Mozambique keeps offering the coal at this attractive level. RB3 coal fetching higher domestic price in South Africa, hence it may not look for an export market.
Will Indian National Green Tribunal’s upcoming decision on Pet Coke write a new equilibrium for coal import and demand in India?
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Tuesday, 23 January 18
OIL MARKET ANALYSIS - ALLIED
Brent oil futures hit a three year high on January 16th touching around USD 70.30 before falling back down to around USD 68.60 at the Time of this ...
Friday, 19 January 18
U.S. WEEKLY COAL OUTPUT WAS 13.5 MMST FOR THE WEEK ENDING JANUARY 13, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.5 million short tons ...
Thursday, 18 January 18
WORLD TRADE IN HARD COAL RISES BY 1.5% IN 2017 - KOHLENIMPORTEURE
Press Release: World Trade in Hard Coal Rises by 1.5% in 2017. German Steam Coal Imports Plummet by 15% in 2017 – in Contrast to Other Sector ...
Wednesday, 17 January 18
SHIPPING MARKET INSIGHT - INTERMODAL
As we are now well into the first month of 2018, the mood across the entire offshore industry undeniably remains rather positive following the oil ...
Monday, 15 January 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO WEAK THIS WEEK - VISTAAR
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...
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Showing 1826 to 1830 news of total 6871 |
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- The Treasury - Australian Government
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- White Energy Company Limited
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Planning Commission, India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- AsiaOL BioFuels Corp., Philippines
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Commodity Traders Exchange
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Economic Council, Georgia
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- VISA Power Limited - India
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
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