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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, 21 July 15
CHINA'S ENERGY COMMODITY IMPORTS DIVERGING - RICHARD SCOTT | HELLENIC SHIPPING NEWS
Energy commodity imports into China have grown enormously over the past decade, boosting global demand for shipping capacity. But a dramatic change ...
Tuesday, 21 July 15
FOB INDONESIA COAL SWAPS EXTEND LOSS
COALspot.com: Indonesian coal swap for delivery Q3 2015 declined month on month and week over week, this past week. The swaps was lost 0.70%.
...
Tuesday, 21 July 15
Q4'15 FOB RBCT COAL SWAP DECLINES NEARLY 3.13 PER CENT MONTH OVER MONTH
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week.
The Q3 swap was down US$ ...
Monday, 20 July 15
FOB NEWCASTLE COAL SWAP SEE FURTHER DECLINES
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.32 per MT (-2.89%) month over month to US$ 44.43 per mt. The swap ...
Monday, 20 July 15
CFR SOUTH CHINA COAL SWAPS GAIN WEEK OVER WEEK
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 1.18 (2.27%) per MT month over month.
A commodity swap ...
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- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Planning Commission, India
- Bharathi Cement Corporation - India
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- VISA Power Limited - India
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Heidelberg Cement - Germany
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Bhushan Steel Limited - India
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
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