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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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Monday, 06 July 20
INDONESIAN COAL PRICE REFERENCE IN FREE FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Monday, 06 July 20
SUPRAMAX: A 58,000-DWT FIXING DELIVERY VIETNAM TRIP VIA INDONESIA RE-DELIVERY WEST INDIA IN THE LOW $4,000S
Capesize
The Capesize market continues to go from strength to strength, as rates reach highs not seen since September last year. The rally is p ...
Thursday, 02 July 20
PRIVATE COAL MINING MAY SEE WEAK INVESTOR SENTIMENT: ICRA - LIVEMINT
The prospects of commercial coal mining in India may be dimmer than initially expected because of the expected shift in India’s energy mix fr ...
Wednesday, 01 July 20
THERMAL COAL OPTIONS TRADING LAUNCHED IN CHINA'S ZHENGZHOU - XINHUA
Thermal coal options started trading on the Zhengzhou Commodity Exchange (ZCE) in central China’s Henan Province Tuesday.
It i ...
Wednesday, 01 July 20
COLOMBIA'S COAL EXPORT VOLUMES HAVE STEADILY DECLINED IN RECENT YEARS - BANCHERO COSTA
Colombia is the world’s fifth largest seaborne exporter of coal, coming after Australia, Indonesia, Russia and the USA.
Export ...
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- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Power Finance Corporation Ltd., India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- The University of Queensland
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Interocean Group of Companies - India
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