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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, 21 November 16
CHINA IS ESTIMATED TO SEE HIGHEST IMPORTED COAL DEMAND LEVEL IN 2017, POLL SAYS
“Which country is estimated to see highest imported coal demand level in 2017?”
The on-line opinion poll conducted by COALsp ...
Monday, 21 November 16
KOMIPO IS LOOKING FOR 140K MT OF SUB-BITUMINOUS COAL FOR FEB-MAR 2017 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 140,000 Metric Tons of Sub-Bituminous coal for i ...
Monday, 21 November 16
BALTIC DRY INDEX SURGES TO 1257 POINTS W/E 18 NOV; BPI ROSE 37.3% W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rally continues this past week and ending on a positive n ...
Friday, 18 November 16
CAPESIZE: THE COMMODITIES PRICES ARE INCREASING, RESULTING IN MORE DEMAND AND CONSEQUENTLY RATES ARE MAKING A BIG JUMP - FEARNLEYS
Supramax
Apart from booming S. Africa where owners have obtained USD 14-15k to MEG/India and around mid USD 12k to China, the Pacific market has ...
Friday, 18 November 16
U.S. WEEKLY COAL PRODUCTION TOTALS 16.8 MMST, DOWN 0.8%, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.8 million short ton ...
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- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Eastern Energy - Thailand
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Goldman Sachs - Singapore
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Central Java Power - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Kalimantan Lumbung Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- Gujarat Sidhee Cement - India
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- The University of Queensland
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Mercator Lines Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- SMC Global Power, Philippines
- Australian Coal Association
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
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