We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 11 April 18
CHINA UTILITIES PLAN NEW COAL IMPORT PRICE INDEX TO CURB VOLATILITY - REUTERS
 China’s major utilities are preparing to launch their own coal price index for imports, an official at China Huaneng Group said, in a move the power firms hope will give them more control over how much they pay for their key raw material.
Huaneng is working on the plan with China Datang Corp , Guangdong Yuedean Group and Zhejiang Energy, said Xu Zanfei, director of planning for Huaneng’s fuel department, in a presentation at the 16th Coaltrans China conference.
The plan for an index also has the backing of smaller power companies, he said.
Even as China’s government tries to cut the use of dirty fuels, coal still accounts for a majority of the country’s power. Utilities have complained over the past two years that a prolonged rally in prices to record highs – due to tighter supplies of the fuel and strong demand – has hurt profits.
The plan also comes as utility executives say they are increasingly worried the government will expand efforts to curb imports, potentially fueling another rally and cutting their access to raw materials.
Imports are expected to fall 8 percent this year.
The new index – which Xu said will be launched “soon” – will cover 70 percent of China’s total coal intake and will offer prices for southern and eastern imports. The utilities hope the huge volumes involved in supplying major Chinese power producers will induce coal suppliers to use the index in their contracts.
“We hope China can have some consistency (in its import policy). Imported coal is crucial for power plants in the coastal areas, especially in the summer when rail freight capacity is tight,” Xu said.
Speaking on the conference sidelines after his presentation, Xu said the index will mainly reflect prices for material from Austrialia and Indonesia, which together accounted for almost two-thirds of China’s coal imports last year.
Zhao Jianguo, the vice chairman of China’s Coal Transportation Association, said the index has a decent chance of being used as an industry benchmark because it has backing from major utilities.
“This index is likely to be influential, because it will reflect prices purchased by power plants,” he said on the sidelines of the conference.
This would be China’s first price index for coal imports. The Bohai-Rim Steam-Coal Price Index (BSPI) is a widely used spot price benchmark for domestic trade.
Companies have different schemes for pricing their imports, but traders said having a coal price index may help make the market more transparent.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 30 March 18
SHIPPING INDUSTRY CONFIDENCE HITS FOUR-YEAR HIGH - MOORE STEPHENS
Shipping Confidence Survey
In February 2018, the average confidence level expressed by respondents was up from 6.2 in November 2017 t ...
Friday, 30 March 18
EXPLAINING POLAND'S COAL PARADOX - FORBES
In the U.S. coal is succumbing to market forces despite the Trump Administration’s push to support the industry. Abundant, cheap and cleaner ...
Friday, 30 March 18
THIESS SECURES $140M MT OWEN INCREASE
Thiess has secured a A$140 million increase to its contract with Glencore for coal mining services at Mt Owen in the Hunter Valley, Australia. Mt O ...
Wednesday, 28 March 18
THIESS WINS $280M WAHANA EXTENSION
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
According to Thie ...
Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 ...
|
|
|
Showing 1756 to 1760 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Marubeni Corporation - India
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Makarim & Taira - Indonesia
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- VISA Power Limited - India
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Planning Commission, India
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
|
| |
| |
|
