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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 $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Tuesday, 09 June 20
INDIA: COAL IMPORT DROPS BY 20% TO NEARLY 19 MILLION TONNES IN MAY, SAYS REPORT - HINDUSTAN TIMES
The country’s coal import dropped by 20 per cent to 18.93 million tonnes (MT) last month, industry data showed.
The government ...
Monday, 08 June 20
WOOD MACKENZIE: THE INDISPENSABLE OPEC+
Rumours of “the death of OPEC” have been circulating for almost as long as the organisation has existed. Just three years after the car ...
Monday, 08 June 20
CHINA'S COAL IMPORTS FALL NEARLY 20% IN MAY EVEN AS DEMAND RISES - REUTERS
China’s coal imports in May fell nearly 20% compared with a year earlier even as demand recovered at power plants and industrial users, custo ...
Monday, 08 June 20
JUNE 2020 INDONESIAN COAL PRICE REFERENCE HIT US$ 52.98 A TON, ITS LOWEST LEVEL SINCE AT LEAST AUGUST 2016
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...
Sunday, 07 June 20
A SCRUBBER FITTED 61,000 ULTRAMAX WAS FIXED DELIVERY PHILIPPINES TRIP VIA SOUTH AFRICA REDELIVERY VIETNAM AT $9,500 - BALTIC BRIEFING
Capesize
The small flicker of hope at the beginning of this week has kindled a small fire under the Capesize market. At a paltry $3369 from the ...
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Showing 921 to 925 news of total 6871 |
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- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Planning Commission, India
- Aditya Birla Group - India
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- Australian Coal Association
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indika Energy - Indonesia
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Energy Development Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Standard Chartered Bank - UAE
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Larsen & Toubro Limited - India
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
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