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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, 18 November 22
REALITIES OF LOI LIABILITIES - BALTIC EXCHANGE
KNOWLEDGE TO ELEVATE
The cargo misdelivery claim in Trafigura Maritime Logistics Pte Ltd v. Clearlake Shipping Pte Ltd (Miracle Hope) [2022] E ...
Tuesday, 15 November 22
CHINA SEES RISING COAL STORAGE AMID SUPPLY PUSH - XINHUA
Coal stockpiles at China’s power plants have seen considerable increases, ensuring energy supply for the winter, the country’s energy r ...
Tuesday, 15 November 22
SEABORNE THERMAL COAL PRICES START TO EASE, BUT PROCESS IS UNEVEN - REUTERS
Prices for seaborne thermal coal have started to drop as fears of a winter energy crunch ease, but the rate of decline has varied across the differ ...
Thursday, 10 November 22
INDIA: THERMAL PLANTS HAVE ADEQUATE COAL STOCKS AT 25.6 MILLION TONNES, SAYS GOVT - IANS
The coal stock with domestic dry fuel-based power plants, as on October 31, was 25.6 million tonnes, the government said, adding that the availabil ...
Tuesday, 08 November 22
OUTLOOK ON CHINA’S WEAKENED BASIC MATERIALS SECTOR CLOUDED BY POLICY SWINGS - FITCH RATINGS
Fitch Ratings expects basic materials demand in China to improve qoq in 4Q22, driven by seasonally higher construction activity, solid infrastructu ...
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Showing 191 to 195 news of total 6871 |
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- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Larsen & Toubro Limited - India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Essar Steel Hazira Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Parliament of New Zealand
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Australian Coal Association
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Oldendorff Carriers - Singapore
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Aditya Birla Group - India
- PNOC Exploration Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- PowerSource Philippines DevCo
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