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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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Wednesday, 05 October 16
SHIPPING MARKET INSIGHT
On September 27th the OPEC petroleum and energy ministers arrived in Algeria to attend the International Energy Forum, which brought together produ ...
Monday, 03 October 16
THERMAL COAL PRICE SHOOTS UP AND MADE THEIR VERTICAL MOVE IN 5 YEARS; PRICE RALLY 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 ...
Monday, 03 October 16
DRY-BULK SHIPPING FREIGHTS SLIDE IN SOFTENING SPOT MARKET
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 30 September 16
U.S. WEEKLY COAL OUTPUT FELL 2.3% - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.7 million short ton ...
Friday, 30 September 16
OPEC CUT SUPPORTS SLOW OIL RECOVERY, NOT STRONG REBOUND - FITCH
OPEC's oil production target announced this week signals the potential for greater co-ordination among its members, but the target itself is la ...
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- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- London Commodity Brokers - England
- Gujarat Electricity Regulatory Commission - India
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Baramulti Group, Indonesia
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- International Coal Ventures Pvt Ltd - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
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