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.
|
|
Tuesday, 17 December 19
AUSTRALIA ENERGY MARKET OPERATOR TURNS SCROOGE ON COAL LOBBY: RUSSELL
Australia, which vies with Indonesia for the title of the world’s largest coal exporter, is planning for an electricity future where use of t ...
Tuesday, 17 December 19
BACK TO FUTURE FOR BUSH AS AUSTRALIA CONSIDERS MOVING AWAY FROM COAL NEWCASTLE - HERALD
Looking backwards could show the way forward for regional communities planning for a future beyond mining.
One of Australia’s ...
Tuesday, 17 December 19
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.01 PCT - XINHUA
China Taiyuan coal transaction price index stood at 133.16 points, down 0.01 percent week on week.
The index, released by China Taiy ...
Tuesday, 17 December 19
YEAR 2019: IT IS LOOKING SET THAT THIS YEAR WILL BE ONE OF THE SLOWEST IN TERMS OF DRY BULK NEWBUILDING ACTIVITY - ALLIED
With just two weeks remaining before 2019 comes to an end, it is now looking set that this year will be one of the slowest in terms of dry bulk new ...
Monday, 16 December 19
ULTRAMAX: A 63,000DWT SHIP FIXING DELIVERY FOR A SINGAPORE TRIP VIA INDONESIA, FOR RE-DELIVERY TO CHINA AT $11,000 - BALTIC BRIEFING
Capesize
It was one-way traffic for the Capesize market this past week, with all routes giving up value. While downward momentum may have slowe ...
|
|
|
Showing 1241 to 1245 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Australian Coal Association
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Indogreen Group - Indonesia
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Videocon Industries ltd - India
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Toyota Tsusho Corporation, Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Aditya Birla Group - India
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
|
| |
| |
|
