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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, 06 May 20
KOSPO INVITED COAL BIDS FOR LOW CALORIFIC VALUE COAL
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 160,000 Metric Tons (MT) Low Calorific Value Coal for J ...
Wednesday, 06 May 20
COST CHALLENGES IN A US$20/BBL WORLD - WOOD MACKENZIE
A new approach is needed to ensure supply sector resilience
How will US$20/bbl affect the oil and gas supply chain?
It’s going to g ...
Wednesday, 06 May 20
MARKET INSIGHT - INTERMODAL
It comes as no surprise that activity in the dry bulk SnP market remains soft, with asset values caught in the downward spiral generated by the Cov ...
Wednesday, 06 May 20
FLOATING STORAGE OF OIL CARGOES - STANDARD CLUB
KNOWLEDGE TO ELEVATE
Due to a combination of circumstances there is now a worldwide shortage of storage space ashore for both unrefi ...
Wednesday, 06 May 20
IRON ORE TRADE REMAINS REMARKABLY RESILIENT THIS YEAR, AT LEAST IN ASIA - BANCHERO COSTA
Iron ore trade remains remarkably resilient this year, at least in Asia, despite the global economic impact from COVID-19. In the first 4 months of ...
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- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Central Electricity Authority - India
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- New Zealand Coal & Carbon
- Bharathi Cement Corporation - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Videocon Industries ltd - India
- Minerals Council of Australia
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Planning Commission, India
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