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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, 24 August 16
DRY BULK VESSELS FACE CONTINUED DISTRESS - CLEAR ASSET
Dry bulk vessels have faced extreme distress in recent years. With a combination of factors including newer vessels being ordered with up to 5-year ...
Tuesday, 23 August 16
4200 GAR COAL INDEX CLIMB 15.96% YEAR TO DATE - CS COAL INDEX
COALspot.com: Average 4200 GAR coal index of Indonesian origin rose 1.65 % week over week to averaging $31.46 per ton this past week, shows CS (i) ...
Tuesday, 23 August 16
KOMIPO TO IMPORT 250K OF 5,700 KCAL/KG NAR COAL FOR Q4' 16
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for total 250,000 Metric Tons of Bituminous Coal for ...
Monday, 22 August 16
INDONESIA'S CS 5000 GAR THERMAL COAL INDEX, ROSE TO A 57-WEEKS HIGH TO TOP $43.47 A TON
COALspot.com: Indonesia’s CS 5000 GAR thermal coal index, rose to a 57-weeks high to top $US43. 47 a ton in the latest week, extending a 18-w ...
Monday, 22 August 16
THE FREIGHT MARKET WAS STEADY THIS PAST WEEK; CAPE INDEX DECLINE 5.38%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week except ...
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Showing 2311 to 2315 news of total 6871 |
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- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Karaikal Port Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- White Energy Company Limited
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- London Commodity Brokers - England
- Bhatia International Limited - India
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
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