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Friday, 01 June 12
TNPL HAS SECURED 300K MT OF 6000 GAD COAL AT US$ 81 CNF TUTICORIN
COALspot.com - An India based coal trader Adani has offered the lowest price of US$ 81.00 per metric ton for calorific value of 6000 GAD and 15 percent total moisture coal for TNPL against TNPL’s recent tender. TNPL is a traditional consumer of Indonesian coal, for its paper factory in Karur district, India.
According to E-Tender conducted by TNPL on last Wednesday , US$ 81.00 was quoted as lowest price, our sources said.
If Tamil Nadu Newsprint and Papers Limited (TNPL), concluded this tender successfully then, TNPL is successfully concluded a 6000 GAD coal at US$ 81/ MT CNF Tuticorin, India. The total quantity of tender is for 300,000 MT and to be delivered by 6X 50000 MT lots. The deliveries must start from 3rd week of June 2012, by Supramax shipments.
TNPL over the period of several years got the exposure and experiencing the market pulse so well and pitching their next move intelligently to secure the best of the world.
One of the far east trader commented that, the way TNPL conduct the e-auction and manual bid whichever is low is really revealing and appreciable. This gives excitement and hope for the bidders at different stages. It looks like a business combined with excitement filled game.
According to the tender norms, the quality of coal should be Gross Calorific Value (adb) 6000 Kcal/Kg basis and will be rejected if GCV on adb is below 5600 kcal/kg. The Inherent Moisture (adb) of around 10 pct, Total Moisture (arb) 15 pct basis and above 23 pct will be rejected. The Ash content (adb) 8 pct max , Sulphur (ADB) 0.8 pct max and Volatile Matter (adb) 25 to 45 pct and above 45 pct will be rejected.
TNPL tender terms say, the winner will be selected based on the lowest bid either from e-tender or sealed manual tender price.
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Tuesday, 12 June 12
ITACHA RESOURCES BUYS SARANA MARINE - INSIDER STORIES
Insider Stories reported that, coal mining company PT Itacha Resources, a joint venture between Anthoni Salim and Glenn Yusuf, announced that Itacha ...
Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target.
According to Irwan Budiarto analyst at Bahana Securities, US ...
Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts.
The API 5 index represents 5,50 ...
Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points.
The Cape index also was down by 5.78 pct closing a ...
Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ ...
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- Directorate Of Revenue Intelligence - India
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- The State Trading Corporation of India Ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Goldman Sachs - Singapore
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- Chamber of Mines of South Africa
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- Baramulti Group, Indonesia
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- SMC Global Power, Philippines
- Commonwealth Bank - Australia
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- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
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- White Energy Company Limited
- Energy Link Ltd, New Zealand
- The University of Queensland
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- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
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- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
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- Bhatia International Limited - India
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- Standard Chartered Bank - UAE
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- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
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- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Chettinad Cement Corporation Ltd - India
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- Indian Energy Exchange, India
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- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
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- Medco Energi Mining Internasional
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- Petrochimia International Co. Ltd.- Taiwan
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- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
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- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
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