We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 11 October 19
INDIAN MINERS REJECT PLAN TO LINK NATIONAL COAL INDEX TO FOREIGN PRICES - REUTERS
 India’s miners are rejecting a government proposal to establish a national coal index that would be linked to international prices, documents reviewed by Reuters show, because it could make domestic supply uncompetitive.
India’s government is creating a coal price index as part of its plans to open the coal sector to outside investment and end state-run Coal India’s control over prices. The country plans to invite bids from global firms for coal mining blocks by the end of 2019.
A government panel has proposed one index that would link directly to foreign indexes, such as in Indonesia and Australia and a second proposal that measures the value and volume of all coal transactions, including imports, and compares them to a base period, government documents reviewed by Reuters showed.
Local coal prices would likely rise as a result of either proposed index, reducing the competitiveness of local supply, which typically has a lower heat content, to imports.
The Federation of Indian Mineral Industries (FIMI), which counts Rio Tinto’s India unit and India’s Adani Enterprises among members, objected to both plans in a Aug. 23 letter to the Ministry of Coal that was reviewed by Reuters.
FIMI argued instead that the government should base prices only on Coal India’s fuel supply agreements and e-auctions.
“The weightage of lower grades accounts for almost 70% of total (Indian) production. Contrary to this, global indexes are based on higher gross calorific value coals,” FIMI said.
India’s coal ministry declined to comment on details about the index and when it plans to release it.
“Indian coal market has not matured enough to be linked with such indexes. Indian coal is still suffering badly with quality issues at mines, prices are offered ex-mine unlike global indexes,” FIMI said.
Coal is among the top five commodities imported by India. Shipments are surging after the government failed to open the industry to competition, despite passing a liberalization policy 19 months ago.
FIMI argued that India should have a separate index for coking coal, used in steel mills.
But a future index should not look like Indonesia’s, which factors in various indices including the export index from Newcastle, Australia, as Indonesia is the world’s largest exporter, while India would forever remain an importer, FIMI said.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 09 January 20
SUPRAMAX: A NUMBER OF INDONESIAN ROUND TRIPS WERE REPORTED AT BELLOW USD 5,000 PD LEVELS - FEARNLEYS
Capesize
The Capesize market has hit new low's in the first week of the new year, with the West Australia route being fixed at USD 6.6 being ...
Wednesday, 08 January 20
WHAT IS BIMCO THINKING ABOUT 2020? - BIMCO
Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by ...
Wednesday, 08 January 20
VINACOMIN SETS TO SELL 49 MILLION TONNES OF COAL IN 2020 - VIETNAM NET
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-y ...
Wednesday, 08 January 20
CHINA'S COAL-RICH PROVINCE CUTS 18.95 MLN TONNES OF CAPACITY IN 2019 - XINHUA
North China’s Shanxi Province reduced its coal production capacity by 18.95 million tonnes by closing 18 coal mines in 2019.
A ...
Wednesday, 08 January 20
JANUARY INDONESIAN COAL PRICE REFERENCE SLIPS US$ 0.37 MOM
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
|
|
|
Showing 1206 to 1210 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Australian Coal Association
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Banpu Public Company Limited - Thailand
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Georgia Ports Authority, United States
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
- The University of Queensland
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Eastern Energy - Thailand
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Sarangani Energy Corporation, Philippines
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
|
| |
| |
|
