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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
According to Bloomberg, Nippon Steel Corp. agreed on an annual supply deal through March with Glencore for power plant coal at $375 per ton, according to people with knowledge of the deal, who asked not to be identified because the information is private.
The agreement is three times more expensive than similar deals done last year, and is likely one of the costliest coal contracts ever signed by a Japanese company, one of the people said, Bloomberg said.
teh report also said, spokespeople for Glencore and Nippon Steel declined to comment.
Bloomberg also noted that, Global competition for coal and natural gas is escalating as power generators move to secure additional fuel shipments amid an energy crunch. Utilities are curbing imports from Russia due to the war in Ukraine, tightening the amount of available supply and sending prices surging.
Japan has been struggling with strained electricity supplies and high demand during a recent heat wave. Nippon Steel, which uses fuel to power its industrial sites and supplies electricity to Japan’s grid, earlier this month purchased the country’s most expensive ever natural gas shipment.
Glencore is the world’s top coal shipper and profits from the power-plant fuel are at an all-time high. The resource giant is on course for a record 2022 as it cashes in on soaring prices and volatility.
Bloomberg further noted that, the Glencore deal may be used as the benchmark price for other annual supplies by thermal coal users in Asia, the people said. That will boost the cost to generate electricity, and threatens to increase power bills for businesses and households.
Australian Newcastle coal futures closed at $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Friday, 02 September 22
INDONESIA COAL PRICE REFERENCE SLIPS SLIGHTLY IN SEPTEMBER 2022
COALspot.com: Indonesian Coal Price Reference for September delivery drops 0.74 per cent month on month.
The Indonesian Coal Price R ...
Friday, 02 September 22
ABM INVESTAMA BUYS 30% GEMS SHARES FOR US$ 420 MILLION
PT ABM Investama Tbk through its indirect subsidiary, bought a 30% stake in the PT Golden Energy Mines Tbk for US$ 420 million or around Rp 6.2 tri ...
Wednesday, 31 August 22
MARKET INSIGHT - INTERMODAL
Scorching temperatures and extremely dry conditions during the Northern hemisphere summer have been drying crops. Yield prospects have subsided in ...
Tuesday, 23 August 22
HIGH COAL PRICES COULD BOOST INDONESIA'S ENERGY TRANSITION - IEEFA
Global coal prices have reached an all-time high as countries stop purchasing Russian coal amidst the Russia-Ukraine conflict. Indonesian coal comp ...
Tuesday, 23 August 22
A COMBINED US$6.8-BILLION CASH BALANCE OF INDONESIAN COAL COMPANIES COULD PROVIDE FOR TIMELY INVESTMENTS IN GREEN TRANSITION - IEEFA
A combined US$6.8-billion cash balance of Indonesian coal companies could provide for timely investments in green transition
The opp ...
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- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Videocon Industries ltd - India
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- PTC India Limited - India
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Ambuja Cements Ltd - India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Planning Commission, India
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Altura Mining Limited, Indonesia
- Aditya Birla Group - India
- Price Waterhouse Coopers - Russia
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- The Treasury - Australian Government
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Intertek Mineral Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
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