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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, 07 December 16
U.S. COAL PRODUCTION IS FORECAST TO INCREASE BY 2% IN 2017 - EIA
U.S. Coal production in November 2016 was 70.7 million short tons (MMst), the third time this year monthly production exceeded 70 MMst, says EIA.
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Wednesday, 07 December 16
IT'S BEEN YET ANOTHER TURBULENT COUPLE OF DAYS..... - GEORGE LAZARIDIS
It’s been yet another turbulent couple of days, with a significant number of news headlines shaking up markets.
On Friday we had & ...
Monday, 05 December 16
INDIAN HYDROPOWER PRODUCTION AT LOWEST LEVEL SINCE 2012, SAYS COMMODORE RESEARCH
According to Commodore Research, the first eleven months of this year have seen India’s overall electricity production total approximately 1. ...
Monday, 05 December 16
THE DECEMBER 2016 HBA HITS TO ITS HIGHEST LEVEL SINCE MAY 2012
COALspot.com: The Indonesia coal benchmark price hits to its highest level since May 2012. The government declared benchmark prices for Indo ...
Monday, 05 December 16
BALTIC PANAMAX INDEX UP 5.98%; BALTIC CAPE INDEX FELL 2.52% W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rally slightly continues this past week and ending on a s ...
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- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
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