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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, 05 August 15
COAL CONSUMPTION POSTED THE STRONGEST GROWTH AMONG THE FOSSIL ENERGY SOURCES IN 2014 - VDKI
Coal 2014: again the world's fastest-growing primary energy source and an indispensable asset for the success of the energy turnaround.
Ac ...
Wednesday, 05 August 15
FOB INDONESIA THERMAL COAL SWAPS FALL
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week, this past week.
The 4Q swap was declined $ ...
Wednesday, 05 August 15
DRY BULKER PRICES START TO FIRM UP AS MARKET SENTIMENT IMPROVES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Market pessimism in the dry bulk industry, a trend which had established itself over the course of the year, has started to fade away over the past ...
Tuesday, 04 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO FALL DUE TO SLIDING DEMAND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Tuesday, 04 August 15
SHIPPING CYCLES - A CHESS GAME YOU DON'T WANT TO LOSE - CLARKSONS
Ingmar Bergman’s classic movie The Seventh Seal is about a knight who, during the Black Death, challenges Death to a chess match, in the hope ...
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- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- TeaM Sual Corporation - Philippines
- The University of Queensland
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- London Commodity Brokers - England
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- PTC India Limited - India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Planning Commission, India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Carbofer General Trading SA - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
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