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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, 13 October 21
MARKET INSIGHT - INTERMODAL
Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we are pleased to se ...
Wednesday, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
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- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Essar Steel Hazira Ltd - India
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Australian Coal Association
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Planning Commission, India
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Kepco SPC Power Corporation, Philippines
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Holcim Trading Pte Ltd - Singapore
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
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