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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, 06 March 19
SHIPPING MARKET INSIGHT - INERMODAL
In a downward moving market, softer SnP activity is usually a given, as the gap between Sellers’ and Buyers’ ideas widens, especially w ...
Saturday, 02 March 19
A 60,500-TONNER WAS BOOKED DELIVERY SINGAPORE, VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $11,250 - BALTIC BRIEFING
Capesize
Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all a ...
Thursday, 28 February 19
COAL'S PERFECT STORM HITS $70 BILLION AUSTRALIAN PROJECTS - BLOOMBERG
It’s been a tough few weeks for our coal industry.
First there was a court ruling blocking a new mine on climate change ground ...
Wednesday, 27 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
With the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of ...
Tuesday, 26 February 19
CHINA RESTRICTS SEABORNE COAL IMPORTS - WOOD MACKENZIE
In response to news on China's Dalian port restricting seaborne coal imports, Wood Mackenzie's experts provide the following commentary.
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- Agrawal Coal Company - India
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- GMR Energy Limited - India
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Indonesian Coal Mining Association
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Australian Coal Association
- Mercator Lines Limited - India
- MS Steel International - UAE
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Vizag Seaport Private Limited - India
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Chettinad Cement Corporation Ltd - India
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
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