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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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Tuesday, 10 May 16
VOLATILITY? VARIATION NO ENIGMA TO SHIPPING..... - CLARKSONS
Along with cyclicality, the other characteristic of the shipping markets which receives frequent mention is volatility. This is so evident that the ...
Monday, 09 May 16
INDONESIAN CS COAL INDICES UP CONTINUES; POSITIVE DIRECTION
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.10 percent week over week to averaging $38.82 per ton on this past Wednesday, a ...
Monday, 09 May 16
DRY BULK SHIPPING TO WITNESS STEADY PROGRESS MOVING FORWARD ON THE BACK OF GROWING TRADE VOLUMES - BIMCO
In its latest short-term analysis of the shipping markets, BIMCO reiterated its optimism on the prospects of the dry bulk market moving forward. Ac ...
Monday, 09 May 16
BALTIC DRY INDEX ENDS WEEK ON A NEGATIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week.
The freight market was weak and a ...
Friday, 06 May 16
U.S. WEEKLY COAL PRODUCTION UP 9 PERCENT W/W; DOWN 35.3 PERCENT Y/Y - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.3 million short to ...
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- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Renaissance Capital - South Africa
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Bhatia International Limited - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- The University of Queensland
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- London Commodity Brokers - England
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- The Treasury - Australian Government
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
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