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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, 03 February 16
DRY BULK MARKET CONTINUES TO BE UNDER PRESSURE - INTERMODAL
The Dry Bulk market continues to be under pressure, with the BDI remaining in search of even the slightest support, which seems to be delaying more ...
Tuesday, 02 February 16
RECORD EXPORTS THROUGH SOUTH AFRICA'S RICHARDS BAY COAL TERMINAL MADE AT EXPENSE OF SMALLER RIVALS, IHS SAYS
Five percent increase in coal exports through South Africa’s dominant Richards Bay Coal Terminal in 2015 unlikely to accelerate country&rsquo ...
Tuesday, 02 February 16
SETTING ASIDE, STRIKING OUT AND APPEALS TO THE COURT OF APPEAL IN SHIP ARRESTS - RAJAH & TANN ASIA LLP
KNOWLEDGE TO ELEVATE
The Singapore Court of Appeal once again has had to grapple with ship arrest, setting aside and appeals to the Court unde ...
Monday, 01 February 16
DRY BULK SUFFERS FROM POSEIDON'S POTENT PRONGS - CLARKSONS
It has been a grim start to 2016 for the bulkcarrier market, with the Baltic Dry Index sliding to new record lows on almost every day of the year s ...
Monday, 01 February 16
INDONESIA'S SECOND LARGEST COAL MINER ADARO ENERGY HAS PRODUCED 51.46 MT IN 2015; 8% LOWER COMPARED TO FY14
COALspot.com: Adaro Energy, the Indonesia’s second largest coal producer by volume has produced 51.46 Mt in 2015, 8% lower compared to ...
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- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Renaissance Capital - South Africa
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Globalindo Alam Lestari - Indonesia
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- PTC India Limited - India
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
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