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, 13 August 15
THE RATES FOR CAPES KEPT RALLYING LAST WEEK - INTERMODAL
COALspot.com: Strong Capesize performance kept supporting the Dry Bulk market last week, which noted another positive weekly closing, while rates f ...


Thursday, 13 August 15
FOB RICHARDS BAY COAL SWAPS CONTINUE FALLING
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$ ...


Wednesday, 12 August 15
DRY BULK MARKET: WITHOUT A DOUBT REACHED HEALTHIER LEVEL
A few weeks before the end of the summer season, the BDI is hovering around 1,200 points, providing some much needed optimism to all Dry Bulk marke ...


Wednesday, 12 August 15
REGULATION CURBS POWER OF LOCAL AUTHORITIES IN MINING SECTOR IN INDONESIA - FLORENCE G. SANTOSO
The Indonesian Government appears to be getting serious about stripping Regents of the authority to issue mining licenses. The Government took the ...


Wednesday, 12 August 15
FOB NEWCASTLE COAL SWAP FLAT WEEK OVER WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 0.98 per MT (-2.20%) month over month to US$ 43.65 per mt. The swap ...


   573 574 575 576 577   
Showing 2871 to 2875 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 ...

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