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Friday, 02 November 18
COAL FETCHES 102% PREMIUM IN E-AUCTION, SURPASSING THE EARLIER HIGHEST OF 95% - FINANCIAL EXPRESS
 Coal prices have received a premium of 102% in spot e-auction during September 2018, surpassing the earlier highest of 95% premium during the spot e-auction in October 2017.
This price discovery is owing to the demand-supply mismatch, although coal production has achieved a double digit growth during the first six months of the fiscal. In the first six months coal production grew 10.6%, according to CIL statistics. But this could not match the high coal demand due to rise in power production, lower hydro power generation as well as growth in production levels from non regulated consuming sectors like cement, aluminium, steel and paper.
A section of coal ministry officials suggest leakage in mechanism for which coal shortage is persistent in the power sector despite increased supply.
However, non power consumers, not getting linked coal are compelled to take costlier e-auction coal thereby losing cost efficiency in production. Further the woes are added by having to carry coal by the road mode with no additional railway rakes being allotted.
Carrying coal by road is almost 4 times costlier than carrying coal by rail and thereafter coal is being offered from such location, which doesn’t seem feasible for lifting. “A company in Maharashtra is offered coal from the mines of Eastern Coalfields in West Bengal, whereas West Bengal Power Development Corporation has to bring coal from the mines of Mahanadi Coalfield,” a non power consumer on the condition of anonymity said.
This has been true even for the power producers since the extra coal, the sector has been recently offered, has to be taken by the road mode, a CIL official said.
However, a ministry official pointed out that while the state gencos and the state agencies are being supplied coal above their quota by an order of the coal ministry in June this year, the utilisation of this coal is not known. Citing West Bengal Power
Development Corporation he said, while most of the units are shut down and the state distribution company is sourcing power from the exchange, there is no dearth of supplies of coal to WBPDCL. But there are reports of power supplies tripping, which should not be the case.
However, CIL said it has increased coal supplies to West Bengal’s generation company to meet increasing demand during the festive season.
According to an ICRA report, during the just concluded monsoon season, domestic coal production growth slowed down to 3.8% and 3.2% in September and August respectively, against 10.6% in July and 13.2% in June. This lead coal stocks at power plants to steadily deteriorate from a high of 21.1 million tonne (mt) in July end to an estimated 15.8 mt in end of September.
Source: Financial Express
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Wednesday, 24 October 18
CHINESE POWER PLANT STOCKPILES AT HIGHEST LEVEL SINCE 2015 - JEFFREY LANDSBERG
Chinese power plant coal stockpiles have climbed to approximately 83.3 million tons as of the middle of this month, said Jeffrey Landsberg in his e ...
Tuesday, 23 October 18
WILL THE U.S. COAL DECLINE CONTINUE? - FORBES
What’s Trump’s new coal proposal?
Adding to its controversial plan to leverage federal authority to keep retiring baselo ...
Monday, 22 October 18
CONTINUED HIGH LNG PRICES; TRADE WAR IMPACT LIMITED - FITCH RATINGS
Fitch Ratings expects sustained high spot liquefied natural gas (LNG) and contract prices over the next two quarters on limited investment in LNG e ...
Monday, 22 October 18
WINTER OIL MARKET OUTLOOK - OPEC
The oil market in the winter season is generally characterized by demand for diesel, particularly in the northern hemisphere, leaving product marke ...
Saturday, 20 October 18
PANAMAX: THE PACIFIC SAW A LARGE VOLUME OF FIXING, WITH INDONESIA AGAIN THE DRIVING FORCE - THE BALTIC BRIEFING
Capesize
A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates slippi ...
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- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Ministry of Mines - Canada
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- London Commodity Brokers - England
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Planning Commission, India
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- VISA Power Limited - India
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
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