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Friday, 10 November 23
INDIA: NATIONAL COAL INDEX RISES 3.83 POINTS IN SEPTEMBER AMID HIGHER DEMAND - LIVEMINT
The National Coal Index (NCI) rose 3.83 points to 143.91 in September amid growing demand for coal.
The union coal ministry on Tuesday said this is the first increase in the index since April 2023. “This incline was influenced by temporary rise of coal prices in global markets,” it said.
NCI is a price index combining the prices of coal from all the sales channels, notified prices, auction prices and import prices. It is used to determine the premium, on a per-tonne basis or revenue share on a percentage basis based on a market-based mechanism.
According to the ministry, the upward movement in the index indicates rising demand for coal because of the upcoming festive season and winter in the country, which will encourage coal producer to take maximum benefit by further scaling-up domestic coal production to meet the growing energy demands.
The National Coal Index (NCI) was rolled out on 4 June 2020 and it is a price index that reflects the change in price of coal on a particular month relative to the fixed base year.
In the past few months, India has witnessed an increase in demand for coal, largely from the power sector with surging power demand. Imports of coal by power plants have also continued as the power ministry has mandated all gencos to blend imported coal.
So far in FY24 (April-October) India has produced 507.01 million metric tonne coal with a 13.02% year-on-year growth. The government aims to take the annual production this fiscal to $1 billion tonne.
The captive and commercial mines have so far produced 75.94 million tonne and are expected to reach 162 million tonne by the end of the fiscal.
In FY23, India had produced 893.19 million tonne coal with a 14.77% growth over the previous year.
Source: Livemint
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Wednesday, 30 November 22
INDONESIA’S BUMI RESOURCES TARGETS 2023 COAL OUTPUT OF 80 MLN TONNES - REUTERS
Indonesian coal miner PT Bumi Resources Tbk BUMI.JKis eyeing a 10% increase in output to 80 million tonnes next year amid expectations for more fav ...
Wednesday, 30 November 22
TANKERS: LONGER HAULS TO SUPPORT CONTINUED STRENGTH - BIMCO
Highlights
A rebound in the dirty tanker trade has led the Baltic Exchange Dirty Index (BDTI) to increase by 64% since our last report from mid ...
Wednesday, 30 November 22
MARKET INSIGHT - INTERMODAL
Shipping, although a conservative and innovation adverse industry, is currently in a transition period of digital transformation. According to a su ...
Tuesday, 29 November 22
INDIA TO RECEIVE FIRST LNG CARGO FROM INDONESIA’S TANGGUH LNG - REUTERS
India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a ...
Tuesday, 29 November 22
SEABORNE COAL FLOWS IN 2022 - SIGNAL
This year is crucial for the energy mix in European countries, as the EU has imposed new sanctions on Russia. It is important to emphasize that the ...
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- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Toyota Tsusho Corporation, Japan
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
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