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Tuesday, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
 Rising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augurs well for plants that import fuel, said The Economic Times of India in its report published late last week.
China has restricted coal imports at many ports and plans to phase out a large number of thermal plants, hurting demand. Indian power generators are likely to increase imports because they face a supply crunch. It would also ease pressure on Coal India although it would increase dependence on foreign fuel, further said The Economic Times of India.
According to The Economic Times, experts said prices are expected to fall further, keeping potential buyers away from the market as they are waiting for lower rates. Public sector power companies would continue to follow centre’s directive of not importing fresh consignments. A senior power company executive said: “As Indonesian prices fall, power plants within a radius of 150 km from ports will find it remunerative to import. Ash content in Indonesian coal is, at most, 10% while Indian coal contains ash of 30-40%.
The Economic Times of India further noted that, Importing Indonesian coal makes sense for coastal plants even when it is costlier than Indian. However, for pit head plants, it is still a costlier option and will continue to be so unless prices fall drastically.”
Deepak Kannan of S&P Global Platts in Singapore said price of freight on board Kalimantan 4200 GCV as received coal — a popular grade bought by both India and China in significant quantities — has dipped to $40 per tonne on Tuesday (17 April), from $51 late February.
According to a coal importer, The Economic Times of India said, the 4,200 GAR calorific value coal variety from Indonesia can be roughly compared to G11grade sold by Coal India. “Base price of G11 at pit head is Rs 1,145 (approximately US$ 17.20) per tonne. A consumer pays Rs 2,200-2,300 (approximately US$ 33.06 - 34.56) per tonne after paying handling charges, GST, Royalty and other levies. This coal when offered through e-auction fetches higher prices that could be as higher by 30-40% over the base price. In contrast the landed price of the Indonesian variety comes to around $50.19 (Rs 3,287) at ports,” the importer said.
However, price of 3,800 GAR calorific value coal is $42.63 per tonne (Rs 2,792), whereas basic price of G12 is Rs 1,063 (approximately US$ 15.97) and its ex-mine comes to Rs 1,800-1,900 (approximately US$ 27.04 - 28.55) per tonne.
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Tuesday, 01 May 18
SUPRAMAX: COAL RUNS, A 61,000-DWT WAS FIXED BASIS DELIVERY SURABAYA, FOR A TRIP VIA INDONESIA, RE-DELIVERY INDIA AT $15,000 - BALTIC BRIEFING
Capesize
Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25 ...
Tuesday, 01 May 18
GLOBAL MINER PEABODY EYES SALES OPPORTUNITY IN INDIA’S RISING COAL IMPORTS - BUSINESS STANDARD
Indian imports of coal will continue to rise, reckons the world’s largest private sector coal miner Peabody Energy. Glenn Kellow, president a ...
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 ...
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Showing 1731 to 1735 news of total 6871 |
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- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- White Energy Company Limited
- Goldman Sachs - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- The University of Queensland
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Planning Commission, India
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
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