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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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Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Tuesday, 02 June 20
THE HISTORIC DECLINE OF US COAL - WOOD MACKENZIE
The first commercial power plant in the US was Thomas Edison’s coal-fired Pearl Street station in lower Manhattan, which started operating in ...
Tuesday, 02 June 20
COAL INDIA'S MAY SALES DRIVEN SHARPLY LOWER BY SLUMP IN POWER DEMAND - REUTER
Coal India’s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lo ...
Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up ...
Tuesday, 02 June 20
SOURING SINO-AUSTRALIA TRADE RELATIONS - BALTIC EXCHANGE
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid- ...
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- The University of Queensland
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- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
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- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Straits Asia Resources Limited - Singapore
- Minerals Council of Australia
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- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
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- Billiton Holdings Pty Ltd - Australia
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- White Energy Company Limited
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- Ministry of Mines - Canada
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- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
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- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Metalloyd Limited - United Kingdom
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- London Commodity Brokers - England
- Power Finance Corporation Ltd., India
- Intertek Mineral Services - Indonesia
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
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- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Medco Energi Mining Internasional
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Aditya Birla Group - India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Indonesian Coal Mining Association
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Tamil Nadu electricity Board
- Rio Tinto Coal - Australia
- Karbindo Abesyapradhi - Indoneisa
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
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- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Independent Power Producers Association of India
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- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
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- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Economic Council, Georgia
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
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- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
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