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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, 24 May 16
WEEKLY CS COAL INDICES NEGATIVE FOR ALL TYPES OF COAL EXCEPT 3800 GAR COAL
COALspot.com: Average 5000 GAR coal index of Indonesian origin was down 0.10 percent week over week to averaging $38.90 per ton this past week, sho ...
Monday, 23 May 16
A PERFECT STORM FOR INDONESIAN STEAM COAL EXPORTS - CLARKSON RESEARCH
Indonesia is the world’s leading steam coal exporter, accounting for over 40% of global seaborne steam coal exports since 2010. However in 20 ...
Monday, 23 May 16
THE PANAMAX INDEX WAS UP 17 POINTS W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this week.
The freight market was firm and all ...
Friday, 20 May 16
SHIPBUILDING CONTRACTS: CAN I CANCEL? SHOULD I CANCEL? - THE SHIPOWNER CLUB
KNOWLEDGE TO ELEVATE
There are many circumstances in which a buyer of a new-build vessel might want to terminate or cancel their contract with ...
Friday, 20 May 16
U.S COAL PRODUCTION FOR THE WEEK ENDED 14 MAY TOTALED 11.4 MMST; UP 3.8% W/W
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.4 million short tons (mm ...
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Showing 2421 to 2425 news of total 6871 |
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- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- The Treasury - Australian Government
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Parliament of New Zealand
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
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