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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, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...
Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were ...
Tuesday, 13 December 22
WHY COAL LEADS THE RISE IN COMMODITIES THIS YEAR - MARKETWATCH
This year marked a resurgence for coal, often known — and loathed — by environmentalists as the dirtiest energy source, with prices mor ...
Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risk ...
Thursday, 08 December 22
COAL ROYALTY PAYMENTS BOOST AUSTRALIAN STATE'S BUDGET FORECAST - REUTERS
Australia’s Queensland state on Wednesday forecast a record surplus for the current financial year, largely driven by higher royalty payments ...
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- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Electricity Authority, New Zealand
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Heidelberg Cement - Germany
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
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