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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, 01 September 16
SUPRAMAX GETTING LEVELS OF MID/HIGHER 7K DELIVERY SINGAPORE FOR TRIPS TO CHINA AND AROUND 9K FOR DIRECTION INDIA - FEARNLEYS
Supramax
This week started slower with London on bank holiday Monday. The south east Asian market seems to have been taking a breather with chart ...
Thursday, 01 September 16
AUSTRALIA'S NEWCASTLE PORT SHIPPED 2.33 PERCENT MORE COAL IN JULY
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1.10 bill ...
Wednesday, 31 August 16
THE DRY BULK MARKET MANAGED TO FIND FURTHER SUPPORT DURING THE LAST DAYS OF THE SUMMER SEASON - INTERMODAL
The Dry Bulk market managed to find further support during the last days of the summer season, with the BDI climbing above 700 last Friday, reachin ...
Tuesday, 30 August 16
THE SUDDEN SURGE IN IRON ORE TRADE HAS CREPT UP ON THE MARKET THIS PAST WEEK - GEORGE LAZARIDIS
The sudden surge in Iron ore trade has crept up on the market this past week bringing about a change in the prospects for Capes. Continued increase ...
Monday, 29 August 16
THE 5000 GAR THERMAL COAL INDEX HAS STRENGTHENED BY 9.90% SINCE JANUARY
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing upward and it is expected to ral ...
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- Tamil Nadu electricity Board
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Petron Corporation, Philippines
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Trasteel International SA, Italy
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- TeaM Sual Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Ministry of Mines - Canada
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- PTC India Limited - India
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Planning Commission, India
- Cement Manufacturers Association - India
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Wood Mackenzie - Singapore
- The University of Queensland
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Ambuja Cements Ltd - India
- Georgia Ports Authority, United States
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Central Electricity Authority - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- VISA Power Limited - India
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Goldman Sachs - Singapore
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
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