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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 $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Thursday, 03 January 19
CAPESIZE: A MORE POSITIVE START OF THE NEW YEAR THAN EXPECTED FOR THE BIG SHIPS - FEARNLEYS
Capesize
A more positive start of the new year than expected for the big ships, with average gains of US$ 500/day posted on the first tra ...
Tuesday, 01 January 19
INDONESIA: COAL PRODUCTION EXPECTED TO EXCEED THIS YEAR'S TARGET - JP
Indonesian coal production reached 456 million tons up to Thursday or 94.02 percent of this year’s total target of 485 million tons, accordin ...
Monday, 31 December 18
THE INDONESIAN COAL MARKET Q1 '19 FORECAST: LOOKS DIRECTIONLESS - TRADER
The Indonesian coal market looks directionless, an International coal trader said when we asked him to give his forecast for 1Q' 2019.
...
Monday, 31 December 18
GLOBAL COAL DEMAND GREW BY 1% IN 2017; GLOBAL COAL POWER GENERATION INCREASED BY OVER 250 TWH - IEA
After two years of decline, global coal demand grew by 1% in 2017 to 7585 Mt as stronger global economic growth increased both industrial output an ...
Sunday, 30 December 18
MAJOR LNG BUYERS' UNCONTRACTED DEMAND TO QUADRUPLE BY 2030 - WOOD MACKENZIE
Wood Mackenzie’s latest research reveals that uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 million ...
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Showing 1506 to 1510 news of total 6871 |
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- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Minerals Council of Australia
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- The University of Queensland
- Heidelberg Cement - Germany
- PTC India Limited - India
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Pendopo Energi Batubara - Indonesia
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Aboitiz Power Corporation - Philippines
- White Energy Company Limited
- Central Java Power - Indonesia
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Australian Coal Association
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Coalindo Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Wilmar Investment Holdings
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