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Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
 COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has become the price setter for steam coal. China has not just determined the direction of coal prices, the country also sets sea freight directions particularly for big size ships.
In fact, the United States, India, the EU are also largest coal consumers, but the China is the only country who can set the direction of price movement of global thermal coal.
The world’s coal industry has operated under stressful conditions since early 2012 due to a combination of oversupply and sinking demand. After several years of coma, coal has been a surprise positive performer this year, supported by China’s new policy on its domestic coal miners.
According to Yahoo finance, China's coal output has fallen more than 10 percent so far this year as a result of government order on miners to lower output to the equivalent of 276 days of production. China has also cut about 150 million metric tons of capacity by the end of August -- equivalent to almost the entire thermal coal exports last year from Colombia and South Africa. China is aiming to chop about 500 million tons by 2020.
Due to crackdown on its domestic coal miners, China has boosted demand for imported coal since April 2016 and International prices started to rally due to renewed demand from China after several years of slowdown.
Today the coal is the top attractive and the hottest commodity in the world.
The weekly CS (I) Coal Index for 5700 GAR coal of Indonesian origin rose 17.71% Since 22 April 2016. While 5000 GAR coal gained 18.38% for the same period.
The CS (i) Coal index is newly established an independent coal benchmark forecast for Indonesian particular coal types. The CS (i) Coal indices are generated through a Technology aided system, based on COALspot’s own proprietary algorithm requiring minimal human involvement.
Assessing the remainder of 2016, unless otherwise China back from its current coal policy, we are seeing, the current positive trend will continue and experience a stable demand growth.
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Friday, 23 September 16
"COLLATERAL LIES" DO NOT NECESSARILY UNDERMINE AN INSURANCE CLAIM
KNOWLEDGE TO ELEVATE
An insured was not precluded from recovering under an insurance policy even though it had made a false statement during t ...
Friday, 23 September 16
EIA SEES U.S. COAL WEEKLY OUTPUT INCREASE
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.1 million short ton ...
Thursday, 22 September 16
SUPRAMAXES ARE ACHIEVING AROUND $7000 FOR A TRIP WITH SINGAPORE DELIVERY VIA INDONESIA TO CHINA
Supramax
A slow start to the week in the Supramax segment in the Atlantic with not much being reported.
In the Blacksea Supramaxes are getti ...
Wednesday, 21 September 16
THE CAPESIZE MARKET HAS BEEN ON A RALLYING TREND SINCE THE END OF AUGUST - GEORGE LAZARIDIS
The Capesize market has been on a rallying trend since the end of August, fuelled mainly by the chase by traders to pre-stock before the typical pi ...
Wednesday, 21 September 16
SHIPPING MARKET INSIGHT - PANOS MAKRINOS
Amidst a challenging dry bulk and tanker market, very little time has been spent on the offshore industry developments during the past couple of ye ...
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- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Eastern Coal Council - USA
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Australian Coal Association
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Cement Manufacturers Association - India
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Indian Oil Corporation Limited
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Oldendorff Carriers - Singapore
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Sojitz Corporation - Japan
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- White Energy Company Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
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