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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, 15 January 16
FOB INDONESIA COAL SWAPS FIRM SLIGHTLY LAST WEEK
COALspot.com: Indonesian coal swap delivery Q1 2016 declined month over month and week over week.
According to AsiaClear OTC coal swap's r ...
Friday, 15 January 16
SHIPPING: 2016 STARTED WITH MISERY ACROSS THE BOARD FOR SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As one would have expected, the dry bulk market starter the new year where it left off in 2015, plunging to never seen before depths, as the market ...
Friday, 15 January 16
U.S. WEEKLY COAL PRODUCTION ROSE ACROSS ALL BASINS: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.4 million shor ...
Thursday, 14 January 16
FOB RICHARDS BAY COAL SWAP FOR Q3 DELIVERY CLOSED $5.90 LOWER THAN Q1 PRICE
COALspot.com: Q1’ 2016 API4 FOB Richards Bay Coal swap up month over month and week over week.
The Q1’ 2016 FOB Richards Bay Coal ...
Wednesday, 13 January 16
U.S. COAL PRODUCTION DECLINED BY 109 MMST IN 2015; COAL EXPORTS DECREASED 21% Y-O-Y
COALspot.com: U.S. coal production declined by 109 million short tons (MMst) (11%) in 2015, the largest decline ever recorded, says EIA.
The 2 ...
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- Iligan Light & Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- ASAPP Information Group - India
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Thiess Contractors Indonesia
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Parliament of New Zealand
- Mjunction Services Limited - India
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- McConnell Dowell - Australia
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Merrill Lynch Commodities Europe
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Bukit Makmur.PT - Indonesia
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Lanco Infratech Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- VISA Power Limited - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- The University of Queensland
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- LBH Netherlands Bv - Netherlands
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Larsen & Toubro Limited - India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
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