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Saturday, 10 March 18
ENHANCED PRODUCTION BY COAL INDIA HELPS DECLINE IN COAL IMPORTS
As per the current import policy, coal is kept under Open General License (OGL) and consumers are free to import coal from the source of their choice as per their contractual prices on payment of applicable duty. However, Coal imports have fallen from 217.78 Mte in 2014-15 to 203.95 Mte. in 2015-16 (down 6.35 per cent YoY) and further to 190.95 Mte. in 2016-17 (down 6.37 percent YoY).
The trend of fall in import of coal has continued in 2017-18. As per (DGCI&S), during April-October,2017-18, 118.86 Mte. (Provisional) of coal was imported as compared to 121.14 Mte. in the corresponding period of 2016-17 showing a decline of 1.9%.
The fall in imports is largely on account of enhanced production by CIL. The vendible stock of CIL has increased from 53.47 Mt. as on 01.04.2015 to 68.42 Mt. as on 01.04.2017.
The off-take / dispatch of coal of CIL has also increased from 488.86 Mt in 2014-15 to 543.16 Mt. in 2016-17. However, the gap between demand and supply of coal cannot be bridged completely as there is insufficient domestic availability of coking coal and power plants designed on imported coal will continue to import coal for their production.
As per Directorate General of Commercial Intelligence & Statistics (DGCI&S), a small quantity of coal was imported (including Coal, Coke and Briquittes etc.) from USA during October, 2017 viz. 1.07 MT (against 0.36 MT imported in January, 2015).
This information was given by the Union Minister of Railways and Coal Shri Piyush Goyal in a written reply to a question in Lok Sabha on 7 March 2018.
Source: PIB
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Saturday, 28 April 18
STRONG ASIAN DEMAND CONTINUES TO HOLD UP THERMAL COAL MARKETS - REUTERS
Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding ...
Friday, 27 April 18
PEABODY ENERGY'S REVENUES FOR THE FIRST QUARTER ROSE 10 PERCENT OVER THE PRIOR YEAR TO $1.46 BILLION
Peabody Energy's revenues for the first quarter rose 10 percent over the prior year to $1.46 billion driven by improved seaborne coal pricing a ...
Thursday, 26 April 18
BALTIC EXCHANGE LAUNCHES ESCROW SERVICE FOR VESSEL SALES
The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exc ...
Thursday, 26 April 18
COAL PRICES ARE EXPECTED TO AVERAGE $85/MT IN 2018, DOWN SLIGHTLY FROM 2017 - WORLD BANK
Coal prices rose 4 percent in the first quarter (q/q), following a surge of 34 percent in 2017, mainly due to strong consumption in China spurred b ...
Wednesday, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...
Showing 1411 to 1415 news of total 6547
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Alfred C Toepfer International GmbH - Germany
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Energy Link Ltd, New Zealand
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Romanian Commodities Exchange
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Africa Commodities Group - South Africa
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Leighton Contractors Pty Ltd - Australia
London Commodity Brokers - England
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TeaM Sual Corporation - Philippines
Mintek Dendrill Indonesia
Bhushan Steel Limited - India
Ministry of Finance - Indonesia
Timah Investasi Mineral - Indoneisa
Planning Commission, India
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PNOC Exploration Corporation - Philippines
SMC Global Power, Philippines
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Deloitte Consulting - India
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ICICI Bank Limited - India
ASAPP Information Group - India
AsiaOL BioFuels Corp., Philippines
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Baramulti Group, Indonesia
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Ceylon Electricity Board - Sri Lanka
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Electricity Authority, New Zealand
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Directorate General of MIneral and Coal - Indonesia
Edison Trading Spa - Italy
Bayan Resources Tbk. - Indonesia
Cement Manufacturers Association - India
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Global Green Power PLC Corporation, Philippines
Sinarmas Energy and Mining - Indonesia
Power Finance Corporation Ltd., India
Vedanta Resources Plc - India
Maharashtra Electricity Regulatory Commission - India
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Sakthi Sugars Limited - India
Metalloyd Limited - United Kingdom
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South Luzon Thermal Energy Corporation
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Lanco Infratech Ltd - India
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Thai Mozambique Logistica
Parliament of New Zealand
VISA Power Limited - India
PTC India Limited - India
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Eastern Coal Council - USA
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Chamber of Mines of South Africa
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The University of Queensland
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Posco Energy - South Korea
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Kumho Petrochemical, South Korea
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GMR Energy Limited - India
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Samtan Co., Ltd - South Korea
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Electricity Generating Authority of Thailand
Minerals Council of Australia
Banpu Public Company Limited - Thailand
Mercuria Energy - Indonesia
Ministry of Transport, Egypt
TNB Fuel Sdn Bhd - Malaysia
Jorong Barutama Greston.PT - Indonesia
Krishnapatnam Port Company Ltd. - India
Semirara Mining and Power Corporation, Philippines
Kideco Jaya Agung - Indonesia
GVK Power & Infra Limited - India
Port Waratah Coal Services - Australia
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Neyveli Lignite Corporation Ltd, - India
Ministry of Mines - Canada
Filglen & Citicon Mining (HK) Ltd - Hong Kong
Indonesian Coal Mining Association
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European Bulk Services B.V. - Netherlands
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