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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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Monday, 31 July 17
KOMIPO INVITES BIDS FOR 750K MT OF 5,700 KCAL/KG NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 750,000 Metric Tons of Bituminous coal for its B ...
Monday, 31 July 17
THE PORT OF NEWCASTLE SHIPPED 17.08 PERCENT LESS COAL IN JUNE 2017 COMPARED TO ITS MAY LOADING
COALspot.com: The Port of Newcastle, Australia’s major trading ports, and the world’s largest coal export port has shipped $AU 1,442.8 ...
Monday, 31 July 17
THE FREIGHT MARKET DECLINE THIS PAST WEEK
COALspot.com: The Freight market decline this past week compared to the previous week, as BDI and Panamax indexes show a negative trend week over w ...
Friday, 28 July 17
U.S. WEEKLY COAL PRODUCTION UP 1.4% WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tonn ...
Thursday, 27 July 17
CAMPBELL SHIPPING APPOINTS ISS FOR GLOBAL HUSBANDRY REPRESENTATION SERVICES CONTRACT - ISS
COALspot.com: Inchcape Shipping Services (ISS) is delighted to announce that it has secured a global husbandry representation contract with Campbel ...
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Showing 1991 to 1995 news of total 6871 |
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- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Planning Commission, India
- Krishnapatnam Port Company Ltd. - India
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Deloitte Consulting - India
- Aditya Birla Group - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
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