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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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Friday, 23 September 16
"COLLATERAL LIES" DO NOT NECESSARILY UNDERMINE AN INSURANCE CLAIM
KNOWLEDGE TO ELEVATE
An insured was not precluded from recovering under an insurance policy even though it had made a false statement during t ...
Friday, 23 September 16
EIA SEES U.S. COAL WEEKLY OUTPUT INCREASE
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has ...
Thursday, 22 September 16
SUPRAMAXES ARE ACHIEVING AROUND $7000 FOR A TRIP WITH SINGAPORE DELIVERY VIA INDONESIA TO CHINA
Supramax
A slow start to the week in the Supramax segment in the Atlantic with not much being reported.
In the Blacksea Supramaxes are getti ...
Wednesday, 21 September 16
THE CAPESIZE MARKET HAS BEEN ON A RALLYING TREND SINCE THE END OF AUGUST - GEORGE LAZARIDIS
The Capesize market has been on a rallying trend since the end of August, fuelled mainly by the chase by traders to pre-stock before the typical pi ...
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- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- London Commodity Brokers - England
- Trasteel International SA, Italy
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- Edison Trading Spa - Italy
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Deloitte Consulting - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- CNBM International Corporation - China
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Kartika Selabumi Mining - Indonesia
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