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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, 20 May 15
FOB RICHARDS BAY COAL SWAPS GAINED M-O-M, W-O-W
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 increased month over month and week over week.
The Q3 swap has increas ...
Wednesday, 20 May 15
BUKIT ASAM'S AVERAGE EXPORT PRICE WAS UNDER PRESSURE DURING Q1
COALspot.com: Indonesia’s state owned coal producer saw their profits fall in the first quarter of the year compared to the same period last ...
Wednesday, 20 May 15
IRON ORE PRICES TO REMAIN WEAK ON LOW DEMAND, HIGH OUTPUT - FITCH
Iron ore prices will stay low for several years due to increasing supply, weak demand growth in China and the slower-than-expected closure of high- ...
Tuesday, 19 May 15
KOMIPO IS SEEKING TOTAL 2.34 MMT OF HCV AND LCV COAL FOR 2015 - 2017
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to buy total 2.34 million Metric Tons (MT) of HCV ...
Monday, 18 May 15
FOB NEWCASTLE COAL SWAPS SCORE MONTHLY GAINS
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.87 per MT (1.99%) month over month and lost US$ 0.03 week on w ...
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- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- ASAPP Information Group - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Electricity Authority, New Zealand
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Medco Energi Mining Internasional
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- GMR Energy Limited - India
- The University of Queensland
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Australian Coal Association
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- White Energy Company Limited
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Kobexindo Tractors - Indoneisa
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
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