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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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Monday, 21 December 20
COAL'S PARTIAL RECOVERY IS SET TO FADE AFTER 2021 - IEA
Global coal consumption is estimated to have fallen by 7%, or over 500 million tonnes, between 2018 in 2020. A decline of this size over a two-year ...
Monday, 21 December 20
A REBOUND IN GLOBAL COAL DEMAND IN 2021 IS SET TO BE SHORT-LIVED, BUT NO IMMEDIATE DECLINE IN SIGHT - IEA
After a major drop in recent years, global coal demand is forecast to rise by 2.6% in 2021 before flattening out to 2025
A global ec ...
Friday, 18 December 20
AUSTRALIA PM WARNS OF ‘LOSE-LOSE’ IN ANY CHINA COAL SHIFT - REUTERS
Australian Prime Minister Scott Morrison said any shift by China away from importing high quality Australian coal would be a “lose-lose&rdquo ...
Friday, 18 December 20
BIG OIL AND COAL EXPORTERS FACE RECKONING AS PARIS AGREEMENT TURNS FIVE - CNA
On Dec 12, more than 70 global leaders came together at the UN’s Climate Ambition Summit, marking the fifth anniversary of the Paris Agreemen ...
Friday, 18 December 20
SOUTH AFRICAN COAL EXPORTERS LARGELY DEPENDENT ON THE ASIAN MARKETS - BANCHERO COSTA
South Africa is the fourth largest exporter of coal in the world, after Australia, Indonesia and Russia. In calendar 2019 the country exported a to ...
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- Sinarmas Energy and Mining - Indonesia
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- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
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- Coalindo Energy - Indonesia
- IEA Clean Coal Centre - UK
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- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
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- Heidelberg Cement - Germany
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- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Minerals Council of Australia
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- Bukit Baiduri Energy - Indonesia
- The University of Queensland
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- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
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- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Australian Coal Association
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- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- IHS Mccloskey Coal Group - USA
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- White Energy Company Limited
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- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
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- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- San Jose City I Power Corp, Philippines
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- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
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- Goldman Sachs - Singapore
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- Semirara Mining and Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
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- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Marubeni Corporation - India
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
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- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Thai Mozambique Logistica
- Bhoruka Overseas - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
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