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

Monday, 30 November 15
ASSOCARBONI LOOKS AT COAL FROM A DIFFERENT ANGLE
ASSOCARBONI is in favour of an international mechanism to provide financial support to countries building high efficiency low emission coal plants. ...


Monday, 30 November 15
CS 5000 GAR COAL INDEX FIRM D-O-D; WEAK W-O-W
COALspot.com: The 5000 GAR CS (i) coal index up slightly day over day. According to the system generated index, the CS 50 (5000 GAR coal) was ...


Monday, 30 November 15
CFR SOUTH CHINA COAL SWAPS REMAINED UNCHANGED FROM LAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery declined US$ 4.50 (9.78%) per ton month over month. A commodity swap ...


Sunday, 29 November 15
CAPE INDEX SURGES 383 POINTS WEEK OVER WEEK, BOOSTS BALTIC DRY INDEX
COALspot.com: The Baltic Dry Index, a measure of shipping rates, fell to 498 points on 20 November and touched a 30-year low, but on 27 November th ...


Friday, 27 November 15
INDONESIA COAL SWAPS: WEEK ENDING 20 NOVEMBER CLOSED HIGHER COMPARED TO THE PREVIOUS WEEK
COALspot.com: Indonesian coal swaps for delivery Q1 2016 declined month on month and up on week over week. Coal prices seen slight improvements thi ...


   535 536 537 538 539   
Showing 2681 to 2685 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 ...

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