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Friday, 06 January 12
COAL INDIA LINKED COAL PRICES WITH INTERNATIONAL COAL PRICES
COALspot.com - Consumers of indigenous coal in India to pay International prices in the future. Coal India has recently moved from UHV pricing mechanism to GCV based mechanism to standardize its coal quality as well as prices. Starting from January 1, 2012, Coal India’s coal being sold based on GCV to its customers and also adjusted its coal prices based on current international coal prices, but extended discounts to its customers.
“Coal India recently linked its prices with international rates, and the company will now fix its prices after adjusting for exchange-rate fluctuations and the discounts it offers to local consumers,” Mr. Jha said, as quoted by WSJ. According to an another media, Coal India will review the impact of linking its coal prices with international prices on its sales realization in the next three months.
Reports also say, according to the chairman of coal India, the new pricing mechanism will not lead to any steep rise in coal prices.
However, market players in the opinion that, the shift to a pricing structure based on the gross calorific value of coal, from the useful heat value, could mean an increase of around 10% in weighted average prices for Coal India’s customers, an another media quoted.
If landed price of Indigenous coal and import coal are become a same level in the future, then end-users and buyers will prefer to import coal due to easy availability, flexible supply terms and quality consistence, said an Indian coal importer, requesting anonymity.
The coal India’s move to adjust it coal price and pricing mechanism to international level and standard is a good move on the long run. Nevertheless, it may affect immediately to industry as the industry was not ready to adjust their sourcing plan.
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Thursday, 19 January 12
SOUTHGOBI RESOURCES SELLS MORE THAN FOUR MILLION TONNES OF COAL IN 2011, 58% MORE THAN 2010
COALspot.com - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) has successfully complets year 2011 on guidance in terms of coal sales and production.
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Thursday, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...
Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...
Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...
Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...
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- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Baramulti Group, Indonesia
- The University of Queensland
- CNBM International Corporation - China
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Holcim Trading Pte Ltd - Singapore
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- Central Java Power - Indonesia
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Australian Coal Association
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Meenaskhi Energy Private Limited - India
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- White Energy Company Limited
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