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Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL
COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced custom and countervailing duty on Bituminous coal.
Finance Minister of India in his budget speech today, announced a hike in the basic customs duty on steam coal from present Zero to two percent and CVD from one per cent to two per cent. Steam coal also known as thermal coal or power plant coal is mainly used in power generation.
Recently Indian customs officers defined coal with Volatile Matter over 14 percent and calorific value over 5833 kcal/kg on moisture, mineral matter free (DMMF) basis as "Bituminous Coal".
"Prior to today’s announcement, steam coal is exempt from customs duty but subject to one percent concessional CVD. In the meantime, Bituminous coal attracts a duty of 5 per cent and CVD of 6 per cent. The government has equalized the duties on both type of coal and levy two per cent customs duty and two per cent CVD.
According to Media reports, India has imported around 30 million tons of bituminous coal last year against around 50 million tons of steam coal.
"Coal from Indonesian origin has special tax treatment In India. Hence importers of Indonesian coal will not affect significantly by above increase," a coal importer from India said.
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Tuesday, 07 May 13
NEWCASTLE PORT'S COAL EXPORTS HOLD STEADY WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,975,160 tons of thermal and coking coal for week ended 0700 hours 6 May 2013, Newcastl ...
Monday, 06 May 13
INDONESIAN COAL PRICE REFERENCE FALLS CONTINUE
COALspot.com - The Indonesian government’s declared coal bench mark price has lost $ 3.23 / MT in May 2013.
The monthly coal pr ...
Sunday, 05 May 13
SUB-BIT FOB INDONESIA COAL - MIXED TREND; API 8 CFR SOUTH CHINA COAL - POSITIVE TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average June 2013 delivery has gained 0.28 percent and API 8 CFR South China Coal shipment&nb ...
Saturday, 04 May 13
INDONESIA TO INDIA PANAMAX FREIGHT : FLAT TO SOFT - CAPT. REDDY
COALspot.com - The demand for iron ore picked up and its pushed up the cape size index by 7.86 pct. Cape index closed at 1,344 points. The BDI ...
Friday, 03 May 13
US PRODUCED 17.9 MILLION SHORT TONS (MMST) OF COAL IN A WEEK
COALspot.com - U.S. produced totaled approximately 17.9 million short tons (mmst) in a week (For the week ended April 27, 2013), EIA said in its lat ...
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- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Planning Commission, India
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Timah Investasi Mineral - Indoneisa
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- The University of Queensland
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Eastern Coal Council - USA
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Standard Chartered Bank - UAE
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