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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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Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
South Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000 MT of min. 4300, 3500 and 5600 NCV ...
Wednesday, 27 March 19
SHIPPING MARKET INSIGHT - INTERMODAL
Contrary to the December 2018 forecasts but in line with the expectations of the dry bulk market, the first quarter of the year closed negatively. ...
Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
Capesize
The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throu ...
Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are ...
Thursday, 21 March 19
PRICE PLUNGE AS CHINESE LEAVE THERMAL COAL OUT IN THE COLD - AUSTRALIAN FINANCIAL REVIEW
Thermal coal exporter New Hope Corporation says China’s shipment squeeze on Australia is putting downward pressure on prices in all markets i ...
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Showing 1441 to 1445 news of total 6871 |
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- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Minerals Council of Australia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- GVK Power & Infra Limited - India
- India Bulls Power Limited - India
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- White Energy Company Limited
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- ASAPP Information Group - India
- Heidelberg Cement - Germany
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Vedanta Resources Plc - India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
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