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Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
 Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until recently have been pillars of strong demand says Reuters.
According to Henning Gloystein of Reuters, the Benchmark API2 2016 coal futures last settled at $52.85 a tonne, a level not seen since November 2003. The contract is now over 75 percent below its 2008 all-time peak and more than 60 percent below its most recent high following the 2011 Fukushima nuclear disaster in Japan.
The steady and sharp fall in coal prices has knocked down shares of big mining companies like BHP Billiton, Glencore and Rio Tinto, and it has seen many financers exit the sector.
The Reuters further noted that, the price fall follows a rise in output from exporters like Australia at the same time as a sharp slowdown in overseas orders from major importers like the United States, and now also China and India.
"Indian coal imports are now under pressure ... Both thermal and met coal imports ran at their weakest annualised rates since October 2014," Australian bank Macquarie said on Wednesday.
"Such a fall might not be just a temporary blip. On the thermal coal side we have seen power plant inventories reach record high levels, domestic production growth improve significantly and demand growth slow," it added, Reuters says.
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Tuesday, 18 August 15
DRY BULK: MARKETS HAVE CONTINUED TO BE SEVERELY CHALLENGED - CLARKSONS
The dry bulk markets have continued to be severely challenged with freight rates falling during the period to below operating expense. The Baltic D ...
Tuesday, 18 August 15
1Q'16 FOB RICHARDS BAY COAL SWAP FALLS BELOW $54 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week.
The 4Q swap was down US$ ...
Tuesday, 18 August 15
2Q' 16 FOB NEWCASTLE COAL SWAP CLOSED AT $43 PER MT W/E 14 AUGUST
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 1.08 per MT (-2.46%) month over month to US$ 42.82 per mt. The swap ...
Monday, 17 August 15
TROUBLED DRY BULK MARKET FACES TURMOIL AS CHINESE COAL IMPORTS REMAIN WEAK - BIMCO
The demand for coal in China continues to diminish. So much in fact that India is expected to succeed China as the world’s largest imp ...
Monday, 17 August 15
INDONESIAN THERMAL COAL REFERENCE PRICE HITS RECORD LOW AGAIN!
COALspot.com - The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.14 per MT fo ...
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- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- The Treasury - Australian Government
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Australian Coal Association
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bharathi Cement Corporation - India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- PTC India Limited - India
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
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