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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 $110 per tonne in August for some contracts with other Japanese thermal coal buyers for the April to March period.
Glencore has two annual benchmark supply contracts with Japanese utilities, typically negotiated by Tohoku Electric, one for April through March and the other for October through September that takes account for later market conditions.
With annual imports last year of slightly less than 114 million tonnes, Japan is one of the world’s biggest importers of thermal coal. Australia supplied a little over 70 percent of those imports in 2018.
A Tohoku spokesman declined to comment. Glencore could not immediately be contacted for comment.
Source: Reuters
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Wednesday, 10 February 21
FY21 COAL DEMAND MAY BE LOWER THAN PREVIOUSLY ESTIMATED DUE TO COVID-19: PRALHAD JOSHI - PTI
Coal demand in the current fiscal may be lower than the initial estimate of 1,085 million tonnes (MT) due to the impact of COVID-19, Parliament was ...
Wednesday, 10 February 21
MARKET INSIGHT - INTERMODAL
We have just entered February, Chinese New Year holidays are about to start and the SnP market for bulkers is so hot as every seller would dream of ...
Tuesday, 09 February 21
SWITCHING COAL PLANTS TO PLN'S BIOMASS COFIRING PLAN IS NO MAGIC BULLET - IEEFA
Implementation risks for Indonesia PLN's switch from coal to biomass cofiring
PLN’s biomass cofiring plan will require not ...
Friday, 05 February 21
THE INDONESIA COAL PRICE REFERENCE FOR FEBRUARY 2021 SETTLES AT US$ 87.79 PER TON FOB VESSEL
COALspot.com: The Indonesia coal price reference for February 2021 settles at US$ 87.79 per ton FOB vessel. The February reference price is the hig ...
Thursday, 04 February 21
WHY BANGLADESH SHOULDN’T COUNT ON A FOSSIL FUEL FUTURE - IEEFA
Around US$50 billion of LNG projects in Asia at risk of cancellation
Two astonishing figures have circulated in the Asian energy sector in the ...
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- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Electricity Generating Authority of Thailand
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Iligan Light & Power Inc, Philippines
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Trasteel International SA, Italy
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Planning Commission, India
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Meralco Power Generation, Philippines
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Timah Investasi Mineral - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- White Energy Company Limited
- Marubeni Corporation - India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- CIMB Investment Bank - Malaysia
- Uttam Galva Steels Limited - India
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
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