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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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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 ...
Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...
Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Capesize
This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, f ...
Wednesday, 18 April 18
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The return of traders and charterers from the Easter festivities came along with a slight increase in activity across the edible oil markets. Howev ...
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Showing 1736 to 1740 news of total 6871 |
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- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- ASAPP Information Group - India
- White Energy Company Limited
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- PetroVietnam Power Coal Import and Supply Company
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
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