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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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Friday, 02 August 24
COAL MARKET DEVELOPMENTS: FALLING PRICES AMID RECORD-HIGH OUTPUT - WORLD BANK
Coal prices inched up in May (m/m) following an 8 percent decline in 2024Q1. The Australian and South African benchmarks have plummeted more ...
Friday, 26 July 24
FUELEU MARITME IS COMING. IS YOUR CHARTERPARTY READY? - GARD
With less than six months to implementation of FuelEU Maritime in EU and EEA trades, there has been little published advice regarding how to alloca ...
Thursday, 04 July 24
INDIA'S COAL PRODUCTION RISES 14% IN JUNE - PTI
The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last f ...
Tuesday, 02 July 24
NTPC CAPTIVE COAL OUTPUT GROWS 15% IN Q1; DESPATCH RISES 17%
State-owned NTPC on Monday reported a 15 per cent year-on-year increase in the production of coal from captives mines to 9.862 metric million tonne ...
Friday, 28 June 24
KOSPO INVITED BIDS FOR 400,000 MT OF MINIMUM 4000 NCV COAL FOR FIVE YEARS
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for total 400,000 MT of Low Calorific Value Coal for 5 years starting from July 2024 until ...
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- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Eastern Coal Council - USA
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- PTC India Limited - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Mintek Dendrill Indonesia
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Sakthi Sugars Limited - India
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- The University of Queensland
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Merrill Lynch Commodities Europe
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