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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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Sunday, 16 April 23
CHINA JUGGLES FOUR MAJOR ECONOMIC CHANGES IN 2023 - WOOD MACKENZIE
Change is afoot in China. Economic growth is slowing, while rising political tensions between China and the US, coupled with global supply chain re ...
Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
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- AsiaOL BioFuels Corp., Philippines
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Ministry of Transport, Egypt
- PTC India Limited - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Independent Power Producers Association of India
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Coastal Gujarat Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- Larsen & Toubro Limited - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- GAC Shipping (India) Pvt Ltd
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- White Energy Company Limited
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
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