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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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Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
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- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Planning Commission, India
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Therma Luzon, Inc, Philippines
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Ministry of Transport, Egypt
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- The University of Queensland
- Bhatia International Limited - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Tata Chemicals Ltd - India
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