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Thursday, 16 April 15
INDIA: COAL IMPORTS RISE BY 33 PC TO 240 MT IN FY'15 - PTI
 India’s coal imports in the just concluded FY 2015 increased by 33 per cent to about 240 million tonnes.
“Coal import have gone up by 33 per cent to about 240 million tonnes in the last fiscal, ” mjunction Managing Director & CEO Viresh Oberoi told PTI.
Mjunction Services is a e-auction joint venture between Tata Steel and SAIL. The imports have gone up due to fall in the coal prices in the international market leading to the companies, including power producers, to buy imported coal, he said.
“With the fall in international coal prices, the companies, including the power firms, in the western and southern region are buying imported coal,” he said.
The coal import in 2013-14 was about 180 million tonnes, he said.
Oberoi further further said the coal import in the ongoing fiscal is likely to be between 220-250 million tonnes.
State-run Coal India meets over 80 per cent of the domestic requirement.
Coal and Power Minister Piyush Goyal had said last month that importing coal is “unjustified” at a time when the country is sitting on huge coal reserves.
“When the country is sitting on a huge coal reserve, to import it is unjustified. The production of coal has risen from 432 million tonne to 460 million tonne and will cross 493 million tonne this year, which will be an increase of over 30 million tonne,” Goyal had said.
The government has set an ambitious one billion tonne coal production target for Coal India by 2020.
Source: PTI
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Wednesday, 22 April 15
TANKER MARKET INSIGHT - STRATOS TINIAKOS
The current environment we experience as a result of low crude oil prices is characterized by the increased demand for petroleum products in OECD c ...
Tuesday, 21 April 15
SUB-BIT FOB INDONESIA COAL SWAP: GAINED W-O-W; DECLINED M-O-M
COALspot.com: Indonesian coal swap for delivery Q2 2015 gained week over week and declined month on month.
The Q2 swap was declined US$ 1.75 ( ...
Tuesday, 21 April 15
FOB RICHARDS BAY COAL SWAP MOVE UP SLIGHTLY
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 increased slightly month over month.
The Q2 swap has increased US$ 0.2 ...
Monday, 20 April 15
BUKIT ASAM TAKES OVER STAKE IN JV FROM RAJAWALI - JP
State-owned coal miner PT Bukit Asam (PTBA) announced Friday that it had taken over almost the entire stake in a joint venture (JV) that it created ...
Monday, 20 April 15
FOB NEWCASTLE COAL SWAP GAINED WEEK ON WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 3.54 per MT (-7.21%) month over month and gained US$ 0.30 week ...
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- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
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- Ceylon Electricity Board - Sri Lanka
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- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- White Energy Company Limited
- Thiess Contractors Indonesia
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- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Attock Cement Pakistan Limited
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- Directorate Of Revenue Intelligence - India
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- Electricity Authority, New Zealand
- Vedanta Resources Plc - India
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- Orica Australia Pty. Ltd.
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- Asmin Koalindo Tuhup - Indonesia
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
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- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
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- Karbindo Abesyapradhi - Indoneisa
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- Intertek Mineral Services - Indonesia
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- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Timah Investasi Mineral - Indoneisa
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Parliament of New Zealand
- India Bulls Power Limited - India
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- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- The University of Queensland
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Economic Council, Georgia
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- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
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- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
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- Planning Commission, India
- Anglo American - United Kingdom
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- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Commonwealth Bank - Australia
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
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