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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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Tuesday, 17 February 15
Q2' FOB RICHARDS BAY COAL SWAP CLOSED AT $63.45; $ 1.85 HIGHER COMPARED TO Q4 CLOSING
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 surge month over month, week on week and day on day.
The Q2 swap has ...
Monday, 16 February 15
COAL MINING SLUMP A BLESSING IN DISGUISE - THE JAKARTA POST
The growth of the coal-mining industry, which has diminished in the last two years, is expected to slump even further this year following weakening ...
Monday, 16 February 15
FOB NEWCASTLE COAL SWAPS SURGE WEEK ON WEEK
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery rose US$ 1.31 per MT (+2.59%) week over week and US$ 4.35 (+9.13%) month on ...
Monday, 16 February 15
Q2' 15 - CFR SOUTH CHINA COAL SWAP ROSE 5.22% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery rose US$ 2.88 (+5.22%) per MT month over month and US$ 1.08 (+1.90% ...
Sunday, 15 February 15
BALTIC DRY INDEX CONTINUALLY DIPPED IN RED
COALspot.com: The Baltic Dry Index continues its decline and fell 5.18 pct to 530 points week on week due to falling commodity prices and declining ...
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- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- New Zealand Coal & Carbon
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- Parliament of New Zealand
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- White Energy Company Limited
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Marubeni Corporation - India
- Mercuria Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
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