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

Thursday, 30 March 17
WHERE AN AGREEMENT FAILS TO DELIVER - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE Watson Farley & Williams acted for MRI Trading AG in a leading case on ‘agreements to agree’ that was fin ...


Thursday, 30 March 17
PANAMAX : ACTIVITY IN THE PANAMAX MARKET HAS INCREASED SUBSTANTIALLY IN BOTH HEMISPHERES - FEARNLEYS
Supramax This week we were looking at prolonged activity from ECSA, mostly with grain cargoes to Far East and SE Asia, where Ultras to SE Asia fi ...


Thursday, 30 March 17
THE ROLE OF COAL IN THE ENERGY SUPPLY OF THE EU-28: HANS-WILHELM SCHIFFER
The European Union (EU-28) is one of the largest economies in the world, with a gross domestic product (GDP) of €14,635 billion in 2015. It ha ...


Wednesday, 29 March 17
MARKET INSIGHT - NASOS SOULAKIS
Shipowners will always look for market signals in order to gauge market perception and decide upon which strategy to follow next. And while owners ...


Monday, 27 March 17
THE FREIGHT MARKET CONTINUED TO FIRM WEEK OVER WEEK
COALspot.com: The Freight market was continuing to firming up. The Baltic Exchange, tracking rates for ships carrying dry bulk commodities ros ...


   416 417 418 419 420   
Showing 2086 to 2090 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 ...

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