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Thursday, 04 April 19
GLENCORE, TOHOKU ELECTRIC SET COAL CONTRACT PRICE AT $94.75/T - SOURCE, REUTERS REPORTED
 Global miner Glencore and Japan’s Tohoku Electric Power agreed on a price of $94.75 per tonne for supplies of thermal coal from Australia for the year through March 2020, a source with direct knowledge of the matter said.
The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14 percent lower than a price agreed for supplies for the year through September this year.
The agreement helps restore clarity to an opaque market after Glencore and Tohoku Electric abandoned the annual talks for April-March supplies last year.
The Australian miner later agreed on a price of $110 per tonne in August for some contracts with other Japanese thermal coal buyers for the April to March period.
Glencore has two annual benchmark supply contracts with Japanese utilities, typically negotiated by Tohoku Electric, one for April through March and the other for October through September that takes account for later market conditions.
With annual imports last year of slightly less than 114 million tonnes, Japan is one of the world’s biggest importers of thermal coal. Australia supplied a little over 70 percent of those imports in 2018.
A Tohoku spokesman declined to comment. Glencore could not immediately be contacted for comment.
Source: Reuters
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Wednesday, 24 March 21
MARKET INSIGHT - INTERMODAL
Since the start of the pandemic, the shipping industry has efficiently responded to ensure the continuity of operations and hence the security of s ...
Tuesday, 23 March 21
LOWER WHOLESALE PRICES PUT PRESSURE ON AUSTRALIAN ENERGY RETAILERS - FITCH RATINGS
Fitch Ratings expects the low wholesale energy prices in the Australian National Energy Market to persist through to 2022, which will affect electr ...
Tuesday, 23 March 21
SCRUBBER-FITTED SHIPS NEARLY DOUBLE AS FUEL SPREAD SETTLES AT $118 PER MT - PETER SAND
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be c ...
Tuesday, 23 March 21
CHINA'S COAL OUTPUT EDGES UP IN FIRST TWO MONTHS - XINHUA
China’s raw coal output rose 25 percent year on year to 620 million tonnes in the first two months of 2021, official data showed.
...
Wednesday, 17 March 21
MARKET INSIGHT - INTERMODAL
Shipping market players are familiar with the inverse correlation between the freight market and demolition activity i.e. when the market picks up ...
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- Gujarat Electricity Regulatory Commission - India
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- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
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- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
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- Makarim & Taira - Indonesia
- Marubeni Corporation - India
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- Therma Luzon, Inc, Philippines
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- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
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- Minerals Council of Australia
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- Power Finance Corporation Ltd., India
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- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- Interocean Group of Companies - India
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- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
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- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
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- White Energy Company Limited
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- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Wilmar Investment Holdings
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Standard Chartered Bank - UAE
- The University of Queensland
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
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