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Monday, 13 July 15
THERMAL COAL IMPORTS SOAR 23 PER CENT TO 24.08 MILLION TONNES AT 12 MAJOR INDIAN PORTS
 Import of thermal coal jumped 23 per cent to 24.08 million tonnes at 12 major ports in the first quarter of the fiscal, even as the government continues to push for boosting domestic production of the fuel.
PTI noted that, handling of coking coal, which is used mainly for steel-making, however remained nearly stagnant with less than 1 per cent increase in the period at 8.17 MT, according to the Indian Ports Association (IPA).
These 12 major ports had handled 19.62 MT and 8.10 MT of thermal and coking coal, respectively, in the first quarter of the previous fiscal.
PTI further reported that, altogether, they handled 32.25 MT coal during the April-June quarter of the current fiscal as against 27.72 MT in the same quarter of the previous fiscal.
Coal is the mainstay of India's energy programme as 70 per cent of power generation is dependent on the dry fuel, while Coal Minister Piyush Goyal has been emphasising the need to increase the production by state-run Coal India.
Accordign to PTI, India is the third-largest producer of coal, after China and the US, and has 299 billion tonnes of resources and 123 billion tonnes of proven reserves, which may last for over 100 years.
India has 12 major ports -- Kandla, Mumbai, JNPT, Marmugao, New Mangalore, Cochin, Chennai, Ennore, V O Chidambarnar, Visakhapatnam, Paradip and Kolkata (including Haldia) which handle approximately 61 per cent of the country's total cargo traffic, PTI said.
Thermal coal is used in power generation and with the world's largest miner Coal India, which accounts for over 80 per cent of the domestic requirement consistently failing to meet its target as well as demand of the firms, the power plants resort to imports.
Less production coupled with increased demand from power firms is further widening the demand-supply gap in the country, which is likely to widen to 185.5 MT in 2016-17.
Coal India could record barely a 31 MT increase in coal production in four years from 2010 to 2014, but in 2014-15, it recorded an increase of 32 MT.
For the current fiscal, CIL's production target has been fixed at 550 MT.
CIL missed the production target for 2014-15 by 3 per cent recording an output of 494.23 MT. The company's output target was 507 MT for the fiscal. In 2013-14, the company had clocked production of 462.53 MT against a target of 482 MT.
In 2012-13, Coal India produced 452.5 MT of coal, falling short of the 464 MT goal.
The Centre has announced plans to boost Coal India's annual production to the level of 1 billion tonnes by 2019 to meet growing fuel demand.
PTI
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Wednesday, 15 July 15
SAS TO BUILD 108 KM ROAD FOR COAL IN JAMBI, SAYS JAKARTA POST
Jambi Governor Hasan Basri Agus said on Sunday that mining company PT Sinar Anugerah Sukses (SAS) would develop a 108-kilometer road with a width o ...
Wednesday, 15 July 15
ANY FUTURE IRAN OIL DEAL WILL BOOST SUPPLY FUNDAMENTALS WITH TANKER OWNERS HOPING FROM TEHRAN TO QUICKLY BOOST ITS PRODUCTION
With the Greek “Euro-drama” apparently over, at least for now, Iran’s oil deal still remains elusive, with any potential agreemen ...
Tuesday, 14 July 15
FOB NEWCASTLE COAL SWAPS MAINTAIN OVERALL NEGATIVE TONE THIS PAST WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.02 per MT (-2.23%) month over month to US$ 44.68 per mt. The swap ...
Tuesday, 14 July 15
CFR SOUTH CHINA COAL SWAPS DECLINE THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 1.47 (2.82%) per MT month over month.
A commodity swap ...
Monday, 13 July 15
THE DRY BULK MARKET CLOSED ON A POSITIVE TONE THIS PAST WEEK
COALspot.com: Despite Greece crisis and turmoil in the stock market across the world , the freight market overall was firm and up in all segments t ...
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- Minerals Council of Australia
- Central Electricity Authority - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Videocon Industries ltd - India
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Australian Coal Association
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- The University of Queensland
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Chettinad Cement Corporation Ltd - India
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- VISA Power Limited - India
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Pendopo Energi Batubara - Indonesia
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- MS Steel International - UAE
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Leighton Contractors Pty Ltd - Australia
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