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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 $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Monday, 26 November 18
SUPRAMAX: THE ASIAN MARKET STALLED THIS WEEK WITH A BUILD-UP OF TONNAGE - BALTIC BRIEFING
Capesize
It was a positive end to the week, with West Australia/China making significant gains and firing owners’ resolve. There was talk ...
Friday, 23 November 18
GOLDEN ENERGY'S POTENTIAL ACQUISITION OF STANMORE CREDIT POSITIVE - FITCH RATINGS
Golden Energy and Resources Limited's (GEAR, B+/Positive) potential acquisition of Stanmore Coal will help the company diversify its coal opera ...
Friday, 23 November 18
ASSOCIATION CALLS FOR REVISION OF DMO SCHEME FOR COAL - JP
The Indonesian Coal Mining Association (APBI) has called on the government to revise the domestic market obligation (DMO) scheme for coal, which re ...
Friday, 23 November 18
INDONESIA'S REVENUES FROM MINERAL AND COAL INCREASE TO US$ 2.858 BILLION - ANTARA
Indonesia`s non-tax state revenues from the mineral and coal sub-sector reached Rp 41.77 trillion (approximately US$ 2.858 Billion) as of Nov 16, 2 ...
Thursday, 22 November 18
SHUT OUT OF CHINA, U.S. COAL EXPORTERS FIND FAVOUR IN INDIA, FOR NOW - REUTERS
U.S. coal exporters have effectively lost a promising market in China since the imposition of tariffs as part of the ongoing trade dispute, but so ...
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- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- VISA Power Limited - India
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Electricity Authority - India
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- The University of Queensland
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Energy Development Corp, Philippines
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Latin American Coal - Colombia
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- Metalloyd Limited - United Kingdom
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Australian Coal Association
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- PTC India Limited - India
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
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