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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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Wednesday, 19 July 17
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
Referring back to a previous Intermodal insight that was written in the first quarter of 2017, the author at the time had claimed that MR tanker ra ...
Tuesday, 18 July 17
CHINA'S ECONOMY HAS BOOSTED OPTIMISM IN THE MARKET - GEORGE LAZARIDIS
COALspot.com: China’s economy has boosted optimism in the market as its recently announced GDP growth for the second quarter of the year exce ...
Friday, 14 July 17
IMPORTED COAL IS STILL A SAFE AND RELIABLE SOURCE OF ENERGY IN GERMANY - VDKI
COALspot.com: Imported coal is still a safe and reliable source of energy in Germany. World coal mining has reached a high plateau, but not yet a t ...
Friday, 14 July 17
U.S. WEEKLY COAL-OUTPUT IN SIGNIFICANT DECLINE, EIA FIGURES SHOW
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.4 million short tonn ...
Thursday, 13 July 17
BELT AND ROAD SHIPPING INDICES OFFICIALLY RELEASED - XINHUA
COALspot.com: The Shanghai Shipping Exchange (SSE) Tuesday officially launched the Belt and Road shipping indices to track freight trade data among ...
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Showing 2001 to 2005 news of total 6871 |
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- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
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