COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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
Coal StockCOALspot.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.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 24 May 17
LR MARKET IT SEEMS THAT EARNINGS ARE STILL UNDER PRESSURE - INTERMODAL
As we are approaching the summer season, the Clean Product market appears poised to become more challenging, either on East or West of Suez. L ...


Tuesday, 23 May 17
TANKERS WEEKLY MARKET NOTE - ALLIED
It’s been a turbulent couple of weeks on the oil front, with the effectiveness of OPEC’s policy being under debate amongst most traders ...


Monday, 22 May 17
THE SHIPPING INDEX DECLINES AGAIN
COALspot.com: The Freight market again decline this past week, as BDI and all other indexes show a negative trend week over week. The Baltic E ...


Friday, 19 May 17
U.S WEEKLY COAL OUTPUT UP 1.2% WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 13.5 million short ton ...


Thursday, 18 May 17
SUPRAMAX : COAL TRIPS TO CHINA WITH VESSELS OPEN INDO HAVE BEEN FIXED AROUND $8000
Supramax Atlantic market has stayed quiet with no substantial developments. Cont to Med scrap cargoes have concluded around 11k says Fearnle ...


   407 408 409 410 411   
Showing 2041 to 2045 news of total 6871
News by Category
Popular News
 
Total Members : 28,699
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • LBH Netherlands Bv - Netherlands
  • Siam City Cement - Thailand
  • Planning Commission, India
  • EIA - United States
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Geoservices-GeoAssay Lab
  • Bharathi Cement Corporation - India
  • BNP Paribas - Singapore
  • Economic Council, Georgia
  • Cosco
  • Cement Manufacturers Association - India
  • Coaltrans Conferences
  • VISA Power Limited - India
  • Grasim Industreis Ltd - India
  • Directorate General of MIneral and Coal - Indonesia
  • Inspectorate - India
  • globalCOAL - UK
  • J M Baxi & Co - India
  • Inco-Indonesia
  • Minerals Council of Australia
  • Chamber of Mines of South Africa
  • Total Coal South Africa
  • Platts
  • Clarksons - UK
  • Toyota Tsusho Corporation, Japan
  • Mjunction Services Limited - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bhushan Steel Limited - India
  • Mechel - Russia
  • KPMG - USA
  • Makarim & Taira - Indonesia
  • Adani Power Ltd - India
  • Kideco Jaya Agung - Indonesia
  • Posco Energy - South Korea
  • Semirara Mining and Power Corporation, Philippines
  • Siam City Cement PLC, Thailand
  • CoalTek, United States
  • Deutsche Bank - India
  • Thailand Anthracite
  • JPower - Japan
  • Wilmar Investment Holdings
  • CIMB Investment Bank - Malaysia
  • Arutmin Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Sojitz Corporation - Japan
  • Gupta Coal India Ltd
  • Ministry of Transport, Egypt
  • Core Mineral Indonesia
  • Vedanta Resources Plc - India
  • JPMorgan - India
  • SASOL - South Africa
  • Meenaskhi Energy Private Limited - India
  • GB Group - China
  • Wood Mackenzie - Singapore
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • ETA - Dubai
  • Idemitsu - Japan
  • Essar Steel Hazira Ltd - India
  • MS Steel International - UAE
  • Gresik Semen - Indonesia
  • PLN - Indonesia
  • Ince & co LLP
  • Coalindo Energy - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • GHCL Limited - India
  • Cargill India Pvt Ltd
  • Barclays Capital - USA
  • Simpson Spence & Young - Indonesia
  • KPCL - India
  • Heidelberg Cement - Germany
  • IBC Asia (S) Pte Ltd
  • Timah Investasi Mineral - Indoneisa
  • Ernst & Young Pvt. Ltd.
  • TNPL - India
  • Humpuss - Indonesia
  • Riau Bara Harum - Indonesia
  • Intertek Mineral Services - Indonesia
  • Central Electricity Authority - India
  • Globalindo Alam Lestari - Indonesia
  • EMO - The Netherlands
  • Maharashtra Electricity Regulatory Commission - India
  • Credit Suisse - India
  • Formosa Plastics Group - Taiwan
  • U S Energy Resources
  • Aboitiz Power Corporation - Philippines
  • Thomson Reuters GRC
  • ASAPP Information Group - India
  • SN Aboitiz Power Inc, Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • World Bank
  • Indian Energy Exchange, India
  • Semirara Mining Corp, Philippines
  • Samsung - South Korea
  • Australian Commodity Traders Exchange
  • Edison Trading Spa - Italy
  • Lanco Infratech Ltd - India
  • Georgia Ports Authority, United States
  • Bukit Makmur.PT - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Oldendorff Carriers - Singapore
  • Africa Commodities Group - South Africa
  • India Bulls Power Limited - India
  • Orica Mining Services - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Ministry of Finance - Indonesia
  • Eastern Coal Council - USA
  • TANGEDCO India
  • Neyveli Lignite Corporation Ltd, - India
  • Medco Energi Mining Internasional
  • Kohat Cement Company Ltd. - Pakistan
  • Ceylon Electricity Board - Sri Lanka
  • Sindya Power Generating Company Private Ltd
  • Cemex - Philippines
  • Jindal Steel & Power Ltd - India
  • Vizag Seaport Private Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Coeclerici Indonesia
  • PetroVietnam
  • World Coal - UK
  • Videocon Industries ltd - India
  • Meralco Power Generation, Philippines
  • Indonesia Power. PT
  • OPG Power Generation Pvt Ltd - India
  • IMC Shipping - Singapore
  • Ind-Barath Power Infra Limited - India
  • Thiess Contractors Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • OCBC - Singapore
  • Mercator Lines Limited - India
  • TGV SRAAC LIMITED, India
  • Kartika Selabumi Mining - Indonesia
  • Infraline Energy - India
  • The University of Queensland
  • Maheswari Brothers Coal Limited - India
  • NALCO India
  • Straits Asia Resources Limited - Singapore
  • UOB Asia (HK) Ltd
  • ICICI Bank Limited - India
  • Adaro Indonesia
  • Indian School of Mines
  • UBS Singapore
  • Global Coal Blending Company Limited - Australia
  • Larsen & Toubro Limited - India
  • Sucofindo - Indonesia
  • Asia Cement - Taiwan
  • RBS Sempra - UK
  • Electricity Authority, New Zealand
  • Sakthi Sugars Limited - India
  • PowerSource Philippines DevCo
  • Mitsui
  • Madhucon Powers Ltd - India
  • Britmindo - Indonesia
  • Bangkok Bank PCL
  • Electricity Generating Authority of Thailand
  • GAC Shipping (India) Pvt Ltd
  • Trasteel International SA, Italy
  • Cardiff University - UK
  • Commonwealth Bank - Australia
  • Merrill Lynch Bank
  • Malabar Cements Ltd - India
  • Deloitte Consulting - India
  • Fearnleys - India
  • GNFC Limited - India
  • Platou - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • Rio Tinto Coal - Australia
  • Petron Corporation, Philippines
  • Reliance Power - India
  • Attock Cement Pakistan Limited
  • Arch Coal - USA
  • Bhoruka Overseas - Indonesia
  • Cebu Energy, Philippines
  • Vitol - Bahrain
  • Enel Italy
  • Holcim Trading Pte Ltd - Singapore
  • Bank of China, Malaysia
  • White Energy Company Limited
  • The State Trading Corporation of India Ltd
  • Aditya Birla Group - India
  • Barasentosa Lestari - Indonesia
  • BRS Brokers - Singapore
  • Uttam Galva Steels Limited - India
  • Berau Coal - Indonesia
  • Shree Cement - India
  • Dalmia Cement Bharat India
  • CESC Limited - India
  • Runge Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Japan Coal Energy Center
  • Renaissance Capital - South Africa
  • Cigading International Bulk Terminal - Indonesia
  • Energy Link Ltd, New Zealand
  • Panama Canal Authority
  • Baramulti Group, Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Maybank - Singapore
  • Noble Europe Ltd - UK
  • Sree Jayajothi Cements Limited - India
  • Maruti Cements - India
  • South Luzon Thermal Energy Corporation
  • Carbofer General Trading SA - India
  • Karaikal Port Pvt Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • PTC India Limited - India
  • CCIC - Indonesia
  • San Jose City I Power Corp, Philippines
  • Global Green Power PLC Corporation, Philippines
  • Rudhra Energy - India
  • Gujarat Electricity Regulatory Commission - India
  • Manunggal Multi Energi - Indonesia
  • Glencore India Pvt. Ltd
  • Coal and Oil Company - UAE
  • Russian Coal LLC
  • Jorong Barutama Greston.PT - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • TRAFIGURA, South Korea
  • Freeport Indonesia
  • KOWEPO - South Korea
  • New Zealand Coal & Carbon
  • Tata Power - India
  • Qatrana Cement - Jordan
  • Bangladesh Power Developement Board
  • ANZ Bank - Australia
  • Sical Logistics Limited - India
  • Parry Sugars Refinery, India
  • PNOC Exploration Corporation - Philippines
  • TeaM Sual Corporation - Philippines
  • Goldman Sachs - Singapore
  • McKinsey & Co - India
  • Savvy Resources Ltd - HongKong
  • Xstrata Coal
  • International Coal Ventures Pvt Ltd - India
  • Ambuja Cements Ltd - India
  • Moodys - Singapore
  • Latin American Coal - Colombia
  • Shenhua Group - China
  • Interocean Group of Companies - India
  • Sarangani Energy Corporation, Philippines
  • Asian Development Bank
  • Therma Luzon, Inc, Philippines
  • Altura Mining Limited, Indonesia
  • Tamil Nadu electricity Board
  • Directorate Of Revenue Intelligence - India
  • Binh Thuan Hamico - Vietnam
  • Pinang Coal Indonesia
  • Indorama - Singapore
  • Bhatia International Limited - India
  • Coal Orbis AG
  • Indian Oil Corporation Limited
  • Power Finance Corporation Ltd., India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Ministry of Mines - Canada
  • Salva Resources Pvt Ltd - India
  • Metalloyd Limited - United Kingdom
  • Pendopo Energi Batubara - Indonesia
  • SMC Global Power, Philippines
  • Port Waratah Coal Services - Australia
  • Kaltim Prima Coal - Indonesia
  • Indika Energy - Indonesia
  • Orica Australia Pty. Ltd.
  • Malco - India
  • Price Waterhouse Coopers - Russia
  • IHS Mccloskey Coal Group - USA
  • AsiaOL BioFuels Corp., Philippines
  • The Treasury - Australian Government
  • Star Paper Mills Limited - India
  • WorleyParsons
  • Thriveni
  • GVK Power & Infra Limited - India
  • Antam Resourcindo - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • SUEK AG - Indonesia
  • ACC Limited - India
  • NTPC Limited - India
  • PLN Batubara - Indonesia
  • Mercuria Energy - Indonesia
  • SGS (Thailand) Limited
  • Romanian Commodities Exchange
  • Karbindo Abesyapradhi - Indoneisa
  • Tanito Harum - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • bp singapore
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • GMR Energy Limited - India
  • IEA Clean Coal Centre - UK
  • Petrosea - Indonesia
  • Bulk Trading Sa - Switzerland
  • KEPCO - South Korea
  • Kepco SPC Power Corporation, Philippines
  • Energy Development Corp, Philippines
  • Standard Chartered Bank - UAE
  • APGENCO India
  • Rashtriya Ispat Nigam Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • Jatenergy - Australia
  • Peabody Energy - USA
  • Vale Mozambique
  • Banpu Public Company Limited - Thailand
  • Tata Chemicals Ltd - India
  • Indonesian Coal Mining Association
  • Vijayanagar Sugar Pvt Ltd - India
  • Maersk Broker
  • Indogreen Group - Indonesia
  • Central Java Power - Indonesia
  • Iligan Light & Power Inc, Philippines
  • Global Business Power Corporation, Philippines
  • Parliament of New Zealand
  • Marubeni Corporation - India
  • Agrawal Coal Company - India
  • Surastha Cement
  • Xindia Steels Limited - India
  • Bank of America
  • Argus Media - Singapore
  • The India Cements Ltd
  • Anglo American - United Kingdom
  • HSBC - Hong Kong
  • Borneo Indobara - Indonesia
  • ING Bank NV - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • McConnell Dowell - Australia
  • Kalimantan Lumbung Energi - Indonesia
  • Independent Power Producers Association of India
  • IOL Indonesia
  • Mitra SK Pvt Ltd - India
  • Permata Bank - Indonesia
  • Mitsubishi Corporation
  • Merrill Lynch Commodities Europe
  • SMG Consultants - Indonesia
  • SRK Consulting
  • Thai Mozambique Logistica
  • TNB Fuel Sdn Bhd - Malaysia
  • Mintek Dendrill Indonesia
  • Indo Tambangraya Megah - Indonesia
  • CNBM International Corporation - China
  • Australian Coal Association
  • Lafarge - France
  • Kapuas Tunggal Persada - Indonesia
  • Gujarat Sidhee Cement - India
  • Asmin Koalindo Tuhup - Indonesia
  • Kumho Petrochemical, South Korea
  • Kobe Steel Ltd - Japan
  • DBS Bank - Singapore
  • Thermax Limited - India
  • Samtan Co., Ltd - South Korea
  • London Commodity Brokers - England
  • Coal India Limited
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Coastal Gujarat Power Limited - India
  • Jaiprakash Power Ventures ltd
  • MEC Coal - Indonesia
  • Singapore Mercantile Exchange
  • Leighton Contractors Pty Ltd - Australia
  • Eastern Energy - Thailand
  • Alfred C Toepfer International GmbH - Germany