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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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Thursday, 26 May 22
MARKET INSIGHT - INTERMODAL
The newbuilding market activity has been significantly positive from a dry bulk owner perspective during the first half of 2022. Indeed, the contra ...
Wednesday, 18 May 22
INDONESIAN COAL PRICE REFERENCE DROPPED 4.42% IN MAY
COALspot.com: Indonesian Coal Price Reference for May delivery drops 4.42 per cent month on month.
The Indonesian Coal Price Referen ...
Thursday, 12 May 22
MARKET INSIGHT - INTERMODAL
Almost through half of the year, the overall shipping market continues to show signs of healthiness, after plenty of festivities and holidays that ...
Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.
It followed Mainla ...
Tuesday, 26 April 22
CHINA'S APPETITE FOR BAUXITE HITS NEW RECORD AS Q1 IMPORTS JUMP 15.4% Y/Y - BIMCO
Bauxite shipments arriving in China hit new record levels in the first quarter of 2022 and grew at an average annual rate of 12.8% between 2017 and ...
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- SMC Global Power, Philippines
- Ministry of Transport, Egypt
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- Directorate Of Revenue Intelligence - India
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- Agrawal Coal Company - India
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- Jaiprakash Power Ventures ltd
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- Uttam Galva Steels Limited - India
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- Australian Commodity Traders Exchange
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- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- The University of Queensland
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- PTC India Limited - India
- Xindia Steels Limited - India
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- Coalindo Energy - Indonesia
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- Rashtriya Ispat Nigam Limited - India
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- Barasentosa Lestari - Indonesia
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- Planning Commission, India
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- Bharathi Cement Corporation - India
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- Metalloyd Limited - United Kingdom
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- Global Coal Blending Company Limited - Australia
- Australian Coal Association
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- ICICI Bank Limited - India
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- Makarim & Taira - Indonesia
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
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- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
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- Bulk Trading Sa - Switzerland
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- Coal and Oil Company - UAE
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- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
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- TNB Fuel Sdn Bhd - Malaysia
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- Chettinad Cement Corporation Ltd - India
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- Sakthi Sugars Limited - India
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- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
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- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
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- Indian Energy Exchange, India
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- Altura Mining Limited, Indonesia
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
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- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
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- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
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- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
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