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Sunday, 08 January 23
ELEVATED COAL PRICE A DRAG ON MARGINS OF DOMESTIC BASE METAL PLAYERS: ICRA
The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICRA said on Thursday.
In a recent note on the primary base metal industry, ICRA said that the earnings of the industry would continue to remain under pressure in the second half of the current fiscal, following a dull performance in the first half of FY’23.
“Elevated coal costs along with metal price corrections remain the key headwinds affecting the margins, with no immediate relief in sight,” ICRA said in a statement.
On account of input cost pressures, the rating agency said it has revised its estimates of operating profitability of domestic players downward to 18 per cent in the current fiscal.
ICRA’s operating profitability forecast for domestic players is almost 3 percentage points lower compared to its earlier forecast made in September last year and 10 percentage points lower compared to FY’22.
“In FY2024, while some respite is expected from better availability of coal linkages, the profitability is expected to remain range-bound at 19-20 per cent.
“Also, our base case does not factor in any significant adverse impact of another pandemic led demand destruction in CY2023,” Jayanta Roy, Senior Vice-President and Group Head, Corporate Sector Ratings, ICRA said.
Source: PTI
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Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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Showing 6 to 10 news of total 6871 |
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Australian Coal Association
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- The University of Queensland
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Sarangani Energy Corporation, Philippines
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Africa Commodities Group - South Africa
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Planning Commission, India
- Central Electricity Authority - India
- McConnell Dowell - Australia
- ASAPP Information Group - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Toyota Tsusho Corporation, Japan
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Marubeni Corporation - India
- GMR Energy Limited - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Price Waterhouse Coopers - Russia
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
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