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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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Tuesday, 20 October 15
API 5 FOB NEWCASTLE COAL SWAP CLOSED NEGATIVE
COALspot.com: API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $1.23 per ton (2.86%) month over month to US$ 41.80 per ton. The ...
Monday, 19 October 15
RUSSIA MAJOR COAL MINER KRU CUTS 4.5 MLN T/YR "UNPROFITABLE" EURO SALES - JACQUELINE HOLMES
COALspot.com: Kuzbassrazrezugol (KRU), one of Russia's largest producers of high-quality coal, plans to cut its coal exports in 2016 by about 4 ...
Monday, 19 October 15
CFR SOUTH CHINA COAL SWAP CLOSED AT $48.68 PER TON
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US cents 55 (1.12 %) per ton month over month.
A commodity ...
Monday, 19 October 15
KOMIPO SEEKS 1.28 MILLION T/Y COAL FOR DEC 2015 - Q2 2016
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 1,280,000 Metric Tons (MT) of minimum 4,600 kc ...
Sunday, 18 October 15
THE BDI AND OTHER INDICES CLOSED OFF ON NEGATIVE NOTE THIS FRIDAY
COALspot.com: The BDI closed off on negative note this Friday compared to previous Friday's closing.
The BDI closed this Friday (16 Octobe ...
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- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Toyota Tsusho Corporation, Japan
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Goldman Sachs - Singapore
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Australian Coal Association
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- Minerals Council of Australia
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Global Coal Blending Company Limited - Australia
- Marubeni Corporation - India
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
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