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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, 27 October 16
PANAMAX: FIRM ATLANTIC; TOPPISH PACIFIC - FEARNLEYS
Supramax
The trend from last week is passed on. ECSA still strong with Supras from N Brazil to Med fixed at $9,000 to $9,500 daily.
Accordin ...
Wednesday, 26 October 16
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
If the finale of a thriller movie finds the leading actor successfully surviving after all the sacrifices he has made, the audience presumes this t ...
Tuesday, 25 October 16
INDONESIAN COAL PRICES MARCH HIGHER CONTINUES
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing and it is expected to rally at l ...
Tuesday, 25 October 16
THINGS ARE SLOWLY STARTING TO IMPROVE AS CORRECTIONS ARE MADE - ALLIED
It seems as though left, right and centre, all we see nowadays is the word “restructuring”.
There is restructuring amongst bankers ...
Monday, 24 October 16
KOMIPO INVITES BIDS FOR 0.78 MILLION TONS OF BITUMINOUS COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...
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- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- White Energy Company Limited
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Australian Coal Association
- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
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