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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 December 15
CHINA GROWTH SHOCK TO HIT ENERGY, SHIPPING, STEEL MOST - FITCH
Energy, shipping and steel would be the hardest-hit sectors in Asia-Pacific (APAC) in the event of a sharp slowdown in Chinese growth, says Fitch R ...
Friday, 18 December 15
WEEKLY U.S. COAL PRODUCTION REMAINS FLAT ACROSS ALL BASINS
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.1 million shor ...
Thursday, 17 December 15
THE LOW DEMAND AND EXCESS COAL OUTPUT, KEEP THE FOB INDONESIA COAL SWAPS UNDER PRESSURE
COALspot.com: Indonesian coal swap for delivery Q1 2016 rose month on month and decline slightly week over week. For the week ended December 11, 20 ...
Thursday, 17 December 15
GLADSTONE PORT COAL RECORD LOOMING, EXPORTS UP 12% - GLADSTONE OBSERVER
COAL exports from Gladstone's port have taken a leap, with more than seven million tonnes leaving the wharves in November.
That increase i ...
Wednesday, 16 December 15
FOB RICHARDS BAY COAL SWAP SLUMP 5.5% FROM LAST MONTH
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
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- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Asmin Koalindo Tuhup - Indonesia
- Eastern Energy - Thailand
- Samtan Co., Ltd - South Korea
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
- Sree Jayajothi Cements Limited - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Sical Logistics Limited - India
- Australian Coal Association
- Independent Power Producers Association of India
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
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