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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, 07 April 20
COAL INDIA'S DISPATCHES DROP, OUTPUT INCREASES - THE HINDU
India’s largest coal producer Coal India Ltd. (CIL) has seen a 10% fall in dispatches in March 2020 due to a sharp fall in demand from the po ...
Tuesday, 07 April 20
CORONAVIRUS AND LOCKDOWNS DRAG DOWN THE INDONESIAN COAL PRICE REFERENCE IN APRIL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of the Indonesian ther ...
Monday, 06 April 20
A 52,000DWT SHIP FIXING DELIVERY SINGAPORE TRIP, VIA INDONESIA, REDELIVERY TAIWAN, AT $3,100 - BALTIC BRIEFING
Capesize
The Capesize market this past week looks to have come off life support and found some improved sentiment. The week began rather ordina ...
Monday, 06 April 20
INDIA'S 21-DAY LOCKDOWN - IMPACT ON COMMODITIES? - WOOD MACKENZIE
India is under a three-week lockdown from 25 March, to contain the spread of the coronavirus outbreak. Wood Mackenzie analysts discuss what this me ...
Friday, 03 April 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...
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Showing 1026 to 1030 news of total 6871 |
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- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- ICICI Bank Limited - India
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- White Energy Company Limited
- Electricity Authority, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMG Consultants - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Tata Chemicals Ltd - India
- Planning Commission, India
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Videocon Industries ltd - India
- PTC India Limited - India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Sical Logistics Limited - India
- Deloitte Consulting - India
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Dalmia Cement Bharat India
- The University of Queensland
- Oldendorff Carriers - Singapore
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
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