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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 February 19
THE BDI HAS EASED BACK TO 645 BP, ITS LOWEST LEVEL SINCE AUGUST 2016 - ALLIED
The dry bulk sector is in the doldrums, with most market participants seemingly left utterly perplexed, and simultaneously, in pursuit of any posit ...
Monday, 04 February 19
COAL STILL IN HIGH DEMAND GLOBALLY
Although the world is switching to renewable energy there is still a big demand for coal around the globe.
This is according to Cany ...
Friday, 01 February 19
ULTRAMAX WAS FIXED DELIVERY KALIMANTAN, FOR TRIP TO WEST COAST INDIA AT $7,000 - BALTIC BRIEFING
Capesize
The Vale dam tragedy sparked a sharp fall in rates across all regions even where tonnage remained tight. The potential loss of product ...
Friday, 01 February 19
SEMBCORP SELECTS NORDEN FOR LONG-TERM INDIAN CONTRACT
NORDEN A/S has signed a 10-year Panamax Contract of Affreightment (COA) with Indian utility firm Sembcorp Energy India Ltd.
From 1 A ...
Tuesday, 29 January 19
HARD COAL BEARS THE BRUNT OF THE RECOMMENDATIONS OF THE COMMISSION GROWTH STRUCTURAL CHANGE AND EMPLOYMENT - VDKI
Press Release: Hard coal bears the brunt of the recommendations of the Commission Growth Structural change and employment.
In its fi ...
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- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Australian Coal Association
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- The University of Queensland
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Indonesian Coal Mining Association
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
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