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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, 30 September 20
MARKET INSIGHT - INTERMODAL
Spot rates for Capesize bulk carriers received a significant boost last week, however, there are certain reservations in the market regarding the p ...
Tuesday, 29 September 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.73 PCT - XINHUA
China Taiyuan coal transaction price index stood at 125.91 points Monday, up 0.73 percent week on week.
The index, released by China ...
Tuesday, 29 September 20
SHIPPING MARKET - ALLIED
Here we are, just a short breath before the final quarter of the year, and many are now debating to what extent we can really expect a firm dry bul ...
Tuesday, 29 September 20
INDONESIAN COAL COMPANIES' EARNINGS TO WEAKEN IN 2H20 - FITCH RATINGS
Rated Indonesian coal miners and contractors will have weaker operating and financial performances in the second half of 2020 than in the first, sa ...
Tuesday, 29 September 20
RUSSIA'S COAL PRODUCTION TO DROP BY 10.5% IN 2020, SAYS MINISTRY - TASS
Russia’s Economic Development Ministry projects a 10.5% decrease in coal production in the country in 2020 compared with last year to 395 mln ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Parliament of New Zealand
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- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- White Energy Company Limited
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- Minerals Council of Australia
- Georgia Ports Authority, United States
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- Baramulti Group, Indonesia
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- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
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- Ministry of Finance - Indonesia
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- Singapore Mercantile Exchange
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- Eastern Coal Council - USA
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- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
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- Petrochimia International Co. Ltd.- Taiwan
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- Riau Bara Harum - Indonesia
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- Metalloyd Limited - United Kingdom
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- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
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- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Deloitte Consulting - India
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
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- SMG Consultants - Indonesia
- Sical Logistics Limited - India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
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- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
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- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
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- Rashtriya Ispat Nigam Limited - India
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- Medco Energi Mining Internasional
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- Central Electricity Authority - India
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- Australian Commodity Traders Exchange
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- Coalindo Energy - Indonesia
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- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
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- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
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- Xindia Steels Limited - India
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- Eastern Energy - Thailand
- Economic Council, Georgia
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- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
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- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
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- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Independent Power Producers Association of India
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- Therma Luzon, Inc, Philippines
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Indian Energy Exchange, India
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