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Monday, 18 April 16
SOUTH AFRICA RB1 COAL HAS LOST GROUND IN INDIA; RB2 MAY LOSE GRIP IF THE PRICE CROSSES US$ 50 A TON - TRADERS
 COALspot.com: Indian coal consumers preferred to buy South Africa RB2 coal instead of RB1 coal recent months due to RB2's low CFR price level. According to an Indian coal trader, due to the pricing structure of RB2 coal, Indian consumers are preferred to stay with RB2 coal, the CFR price of RB2 coal is significantly lower compared to RB1 coal price. The RB1's high energy value is not supported to keep its market share in India and lost its majority of market share to RB2 coal.
However, the trader further noted that RB2 coal can enjoy its demand in India until the coal’s CFR price is able to compete with Indian washed coal of 4700 GAR energy. Sea Freight is also playing a significant role to keep South African RB2 coal competing in India. According to the trader, if RB2 coal's CFR price crosses US$ 50 per ton, the coal may lose demand in India as evaluated price of Indian washed coal will compete with RB2 on delivering basis.
Coal India, the single largest coal producer in the world, is now operating like a private coal miner and removing most of the hurdles that worked against buyers of Indian coal in the past, says a person familiar with the Indian domestic coal supplies. The coal India is now working with buyers of Its coal too closely and offering attractive terms to compete with imported coal. Recently Coal India has also removed premium that charged to buyers in the past if the buyer's requirement exceeds their allocation.
According to a trader, the quality of Indian washed coal is almost similar to RB2 coal except for energy value. When RB2 coal prices cross US$ 50 a ton, then the evaluated price of Indian washed coal will compete head-to-head with RB2 coal in Indian domestic market. The Cement producers. whose factories are closer to the Indian coal belts, considering switching part of their requirements to Indian washed coal from RB2 coal because the CFR price of RB2 coal is now touching US$ 50 a ton. However, he also pointed that, RB2 coal's demand will not be dried up like RB1 coal and the demand for RB2 coal may reduce from the current level.
RB2 coal's CFR prices were around US$ 44 per ton end of 2015, however, the price of RB2 coal now at (slightly below) US$ 50 per ton.
Commenting on Australian coal supplies to India, another trader said that, the Australian coal is having good demand and reception in Indian market. However, due to uncertainty of arrival of cargo within agreed lay-can, Indian end-users are reluctant to consider Australian coal compare to Indonesian or South African coal. Past few months, some of Australian coal shipments were failed to arrive at discharging ports within the agreed lay-can due to congestion in Australian coal exporting ports.
Indian private sector coal demands were flat or up slightly, but the public sector demands were falling, Indian domestic coal replacing Imported coal in the Public sector.
The demand of Imported coal in India in the second half of this year may fall slightly compared to previous years due to high output from coal India, wind power & hydro energy. However, the CFR price of imported coal will also play a significant role to decide the direction of demand for imported coal in India.
Hydroelectric power in India, according to Wikipedia, the present installed capacity as of February 2016 is 42,663 MW, which is 15.22% of total electricity generation in India. India Meteorological Department (IMD) on Tuesday (12 April) released southwest monsoon forecast for 2016 and said that 94 per cent of more than excess to heavy rainfall is predicted for this year. According to IMD, this year monsoon will be above normal. More or less, Monsoon 2016 is expected to be good.
Wind power accounts nearly 8.5% of India's total installed power generation capacity and generated 28,214 million Kwh (MU) in the fiscal year 2014-15 which is nearly 2.6% of total electricity generation, says Wikipedia. The capacity utilization factor is nearly 15 % in the fiscal year 2014-15. 70% of wind generation is from May to September, coinciding with South West monsoon duration.
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Friday, 07 July 17
EIA ESTIMATES SHOW U.S WEEKLY COAL PRODUCTION UP 1.7 PERCENT
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.9 million short tonn ...
Thursday, 06 July 17
SUPRAMAX: INDO TO INDIA TRIPS WITH DELIVERY THAILAND RANGE IS GIVING OWNERS AROUND MID $8000 - FEARNLEYS
Supramax
Another slow start to the week with somewhat softening rates and few fixtures.
According to Fearnleys Weekly Dry bulk report, the N ...
Thursday, 06 July 17
UNEXPECTED MOVE FROM CHINA BOOSTS COAL PRICES - OIL PRICE
Coal prices have been cooling the last few months — after a spectacular run last year. But news late last week suggests the market is about t ...
Wednesday, 05 July 17
COAL PRICES ROSE IN CHINA, JAPAN AND EUROPE IN 2016 - BP
COALspot.com: Coal prices rose in China, Japan and Europe in 2016 after four years of price declines.
According to bp, the rise in coal prices ...
Wednesday, 05 July 17
TANKER MARKET INSIGHT - KATERINA RESTIS
A war of words blasted last month as the UAE, S. Arabia, Egypt and Bahrain revealed that they are experiencing severe diplomatic issues with the st ...
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Showing 2011 to 2015 news of total 6871 |
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- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Krishnapatnam Port Company Ltd. - India
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Link Ltd, New Zealand
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Manunggal Multi Energi - Indonesia
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
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