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Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
According to Bloomberg, Nippon Steel Corp. agreed on an annual supply deal through March with Glencore for power plant coal at $375 per ton, according to people with knowledge of the deal, who asked not to be identified because the information is private.
The agreement is three times more expensive than similar deals done last year, and is likely one of the costliest coal contracts ever signed by a Japanese company, one of the people said, Bloomberg said.
teh report also said, spokespeople for Glencore and Nippon Steel declined to comment.
Bloomberg also noted that, Global competition for coal and natural gas is escalating as power generators move to secure additional fuel shipments amid an energy crunch. Utilities are curbing imports from Russia due to the war in Ukraine, tightening the amount of available supply and sending prices surging.
Japan has been struggling with strained electricity supplies and high demand during a recent heat wave. Nippon Steel, which uses fuel to power its industrial sites and supplies electricity to Japan’s grid, earlier this month purchased the country’s most expensive ever natural gas shipment.
Glencore is the world’s top coal shipper and profits from the power-plant fuel are at an all-time high. The resource giant is on course for a record 2022 as it cashes in on soaring prices and volatility.
Bloomberg further noted that, the Glencore deal may be used as the benchmark price for other annual supplies by thermal coal users in Asia, the people said. That will boost the cost to generate electricity, and threatens to increase power bills for businesses and households.
Australian Newcastle coal futures closed at $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Friday, 29 January 21
OPEC+, COVID-19 AND ENERGY TRANSITION - 3 THEMES IMPACTING OIL MARKETS AND REFINING IN 2021 - WOOD MACKENZIE
Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key them ...
Thursday, 28 January 21
STRONG CHINESE THERMAL COAL IMPORTS TO BENEFIT INDONESIAN MINERS IN THE NEAR TERM - FITCH RATINGS
China's thermal coal imports are likely to remain strong ahead of the Chinese New Year in mid-February on robust demand, high utilisation at do ...
Thursday, 28 January 21
WIND PROPULSION FOR DRY BULK CARRIERS - OLDENDORFF
Oldendorff Carriers (OC) has signed a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), Lloyd’s Register (LR) and Sha ...
Thursday, 28 January 21
BUMA PRICED A USD400 MILLION 7.75% 5-YEAR SENIOR NOTES
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama priced a USD400 million 5-year (non-callable 2-year)& ...
Wednesday, 27 January 21
MARKET INSIGHT - INTERMODAL
As we have entered the era off renewable energies, all industries globally give max effort to minimize their carbon footprint and consequently thei ...
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- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Australian Coal Association
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Manunggal Multi Energi - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
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