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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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Friday, 09 February 18
COAL BUYERS SPOOKED BY INDONESIA'S NEW SHIPPING RULES - ASSOC
Buyers of Indonesian coal are holding back orders of the fuel after the government issued new shipping rules for coal and crude palm oil that would ...
Thursday, 08 February 18
ENHANCED PRODUCTION BY COAL INDIA LIMITED HELPS DECLINE IN COAL IMPORTS - UNION MINISTER OF RAILWAYS AND COAL
According to press release from PIB, as per the current import policy, coal is kept under Open General License (OGL) and consumers are free to impo ...
Thursday, 08 February 18
A NEW WEEK WITH A SOFT SENTIMENT AND DECREASING RATES IN BOTH HEMISPHERE FOR THE PANAMAXES, SAYS FEARNLEYS
Supramax
USG dropping remarkably due to lack of fresh enquiry both for fhaul and bhaul, Supras were fixed from USG to Spore-Japan range now aroun ...
Wednesday, 07 February 18
INDONESIAN COAL PRICE REFERENCE RISES TO HIT THIRTEEN-MONTH HIGH OF $100.69 A TON
COALspot.com: The Indonesian Coal Price Reference (HBA) rose 5.39 per cent in February 2018, the latest ministerial decree showed.
The benchma ...
Wednesday, 07 February 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
Crude oil supply has been reported to have grown by approx. 2.5% reaching 40.1m bpd in 2017. However, tanker charter rates have been under pressure ...
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Showing 1811 to 1815 news of total 6871 |
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- Ministry of Mines - Canada
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Economic Council, Georgia
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Xindia Steels Limited - India
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Cigading International Bulk Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Baramulti Group, Indonesia
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- MS Steel International - UAE
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
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