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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
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Saturday, 30 November 19
IMO2020 GLOBAL SULPHUR CUT: GERMAN SHIPPING TO USE NEW TYPE OF FUEL VDR SURVEY
IMO2020 Global sulphur cut: German shipping to use new type of fuel VDR survey: Technical issues and costs are the biggest challenges - VDR
&nb ...
Saturday, 30 November 19
PANAMAX: LEVELS IMPROVED IN THE PACIFIC MARKET TOO WITH $11,000 BEING CONCLUDED ON AN 81,000DWT SHIP FOR AN INDONESIA TO CHINA COAL TRIP - BALTIC BRIEFING
Capesize
The market has been well supported over the past week, led primarily by the Atlantic Basin. After bottoming last week, sentiment was s ...
Friday, 29 November 19
FITCHRATINGS MAINTAINS NEGATIVE 2020 OUTLOOK ON SHIPPING, AS TIGHTER SUPPLY HELPS, BUT SOFTER DEMAND DRAGS
Fitch’s Sector Outlook: Negative
We maintain a negative sector outlook for global shipping because of the forecast slowdown of ...
Friday, 29 November 19
INDONESIA PRODUCES 390 MLN TONNES OF COAL IN JAN-SEPT: MINISTER - REUTERS
Indonesia’s production of coal for the January-September period was 390 million tonnes, Energy and Mineral Resources Minister Arifin Tasrif s ...
Wednesday, 27 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
As the end of the fourth quarter is approaching, one could say that the wet market has maintained the strong pace observed during the third qu ...
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Showing 1266 to 1270 news of total 6871 |
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- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- Australian Coal Association
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- PTC India Limited - India
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Planning Commission, India
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Kalimantan Lumbung Energi - Indonesia
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- The Treasury - Australian Government
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
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