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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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Monday, 23 February 15
Q2' CFR SOUTH CHINA COAL SWAP FOR Q2 ROSE 3.39% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery rose US$ 1.90 (+3.39%) per MT month over month and declined US$ 0.08 ...
Monday, 23 February 15
Q2' API 5 FOB NEWCASTLE COAL SWAP CLOSED $1 HIGHER THAN Q3
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery rose US$ 3.12 per MT (+6.44%) month over month and fall US$ 0.43 (-0.83%) w ...
Sunday, 22 February 15
THE BALTIC DRY INDEX LOST ALMOST 3.2% OR 17 POINTS WEEK ON WEEK
COALspot.com: The Baltic Dry Index, one of the economic indicators that monitors the health of the world's economy by tracking the price of shi ...
Friday, 20 February 15
GOVT SET TO INCREASE COAL OUTPUT TARGET THIS YEAR - JAKARTA POST
The Energy and Mineral Resources Ministry is planning to increase its coal output target this year as the government seeks to offset the ongoing de ...
Friday, 20 February 15
U.S. PRODUCED AROUND 19.2 MILLION SHORT TONS OF COAL WEEK ON WEEK
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.2 million short tons (mmst) of coal ...
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- Petron Corporation, Philippines
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Planning Commission, India
- Marubeni Corporation - India
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- McConnell Dowell - Australia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- PTC India Limited - India
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