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Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ICRA said on Monday, cautioning that coal prices are expected to stay elevated throughout the next financial year.
The sharp price rise assumes special significance as India’s coal stocks in the run-up to the peak summer months, as per the rating agency, remain quite low. Coal stocks this month in Coal India’s pitheads and thermal power generation stations at 74 mt was nearly half of what it had last year (128 mt).
“Prices of imported coal are poised to spike by 45-55% Q-o-Q in Q1 FY2023 as markets face supply disruption following the Russia-Ukraine conflict. Russia remains a key supplier of coal in the seaborne market, accounting for 17% and 10% of the international trade in thermal coal and coking coal respectively,” ICRA said in a report.
Besides, ICRA estimates that India’s domestic coal demand is expected to grow by a modest 5-6% in FY2023 owing to gradual recovery in economic activity.
The rating agency said that the price rise could “severely” impact domestic users of imported coal. A growing number of Western power utilities are also looking to voluntarily place an embargo on Russian coal supplies, which is leading to disruptions in the normal coal trade flows, ICRA said.
The report also said that there is a possibility of the prevailing abnormally high international coal prices moderating as the seaborne market could gradually readjust to the new trade channels following the imposition of sanctions on Russia.
On Sunday, the Union Minister for Steel Ramchandra Prasad Singh said that India is leaning towards continuing to import coking coal from Russia.
Source: Livemint
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Thursday, 06 October 22
COAL INDIA ASKED TO ENHANCE SUPPLY TO THERMAL POWER PLANTS - IANS
With the festival season round the corner, Coal India Ltd. has been directed by the government to scale up dispatch to thermal power plants.
&n ...
Wednesday, 05 October 22
BUNKER PRICES DOWN AGAIN; IS THERE MORE TO COME? - INTEGR8 FUELS
It’s the economy…..”
VLSFO prices are now back to levels at the start of this year. After all the extremes of thi ...
Wednesday, 05 October 22
MARKET INSIGHT - INTERMODAL
Amid the looming western sanctions on Russia, the country is challenged to pivot its energy markets away from Europe and toward the East. Yet, Russ ...
Tuesday, 04 October 22
A REMARKABLE SHIFT IN FORTUNES HAS BEEN NOTED IN THE CRUDE OIL TANKER MARKETS - ALLIED SHIPPING
A remarkable shift in fortunes has been noted in the crude oil tanker markets over the past month, yet despite these shifts being seemingly in thei ...
Tuesday, 04 October 22
OIL PRICES COULD SOON RETURN TO $100 AS OPEC+ CONSIDERS ‘HISTORIC’ CUT, ANALYSTS SAY - CNBC
An influential alliance of some of the world’s most powerful oil producers is reportedly considering their largest output cut since the start ...
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- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Intertek Mineral Services - Indonesia
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Planning Commission, India
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- IEA Clean Coal Centre - UK
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
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