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Wednesday, 01 June 16
INDIA'S COAL IMPORTS IN APRIL 2016 DECLINED 15% Y/Y; COAL INDIA INCREASED COAL PRICES BY 6.2%
 Coal India has approved raising weighted average coal prices by 6.2 per cent over the current price for both regulated and non-regulated sectors.
Due to this revision, CIL will earn additional revenue of around US$ 480,951,515 for the balance period of financial year 2016-17.
The reports further noted that, CIL has also approved the differential price for Non-Regulated Sector at a reduced rate of 20 per cent against 35 per cent earlier over the price of regulated sector for G6 to G17 grades of coal for all subsidiaries of CIL.
In increase in coal prices by India’s biggest producer will boost generation costs and could further reduce demand from cash-strapped regional power retailers already curtailing purchases because they can’t afford the cost of electricity, says Bloomberg.
According to Bloomberg, coal accounts for more than 60 percent of India’s power generation capacity and more than 75 percent of the nation’s electricity production. Bloomberg further said that, according to power producer NTPC Ltd., the price increase is expected to boost generation tariffs by as much as US$ 0.0022 a kilowatt hour, or about 5 percent.
India has witnessed a steady decrease of coal imports in recent times. According IEEFA, India’s coal imports in April 2016 declined 15% year on year (yoy). The calendar year to-April 2016 saw a record 18.7% yoy decline in imports to 64.3 million tonnes (Mt). In value terms, Indian coal imports declined 32% yoy from US$1,355m to US$913m in April 2016. This is a significant saving that is reducing India’s current account deficit and stabilizing the currency.
IEEFA forecasts a 30% decline in global traded thermal coal demand by 2021 relative to 2015 levels. Declining demand in each of the three largest import markets – China, Japan and now also India – overrides growth in the rest of Asia.
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Thursday, 03 November 16
THE INDEX BASED COAL SALES & PURCHASE STRATEGY MAKES MORE EFFICIENT, SAYS 55.17% END-USERS
Considering the current coal market condition, the Index based coal sales & purchase strategy make more efficient was deemed the winner by 57.0 ...
Thursday, 03 November 16
CAPESIZE: BRAZIL/CHINA RATES MOVED TO THE $11 PMT LEVEL; WEST AUSTRALIA/CHINA ROUTE MOVED UP CLOSE TO MID $5 PMT LEVEL - FEARNLEYS
Supramax
In the Atlantic we see a bit more activity than in the eastern hemisphere, says Fearnleys in its latest weekly report. Fhauls via Black ...
Wednesday, 02 November 16
SHIPPING MARKET INSIGHT
A week before the U.S. presidential election, everyone is eager to see the socio-political effects that the result of these elections will have. As ...
Wednesday, 02 November 16
SHIP OPERATING COSTS ARE EXPECTED TO RISE IN BOTH 2016 AND 2017 - MOORE STEPHENS
Vessel operating costs are expected to rise in both 2016 and 2017. Repairs and maintenance and spares are the cost categories which are likely to i ...
Tuesday, 01 November 16
PANAMAX : A FAIR AMOUNT OF SIDEWAYS SHIPPING IN RATES - ALLIED SHIPPING
Capesize
A very sluggish start to the week, with rates dropping considerably as all optimism seems to have evaporated over the weekend. According ...
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- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- The University of Queensland
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
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