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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 $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Monday, 05 October 15
Q1' 16 CFR SOUTH CHINA COAL SWAP CLOSED US$ 48.05 PER TON
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery down US$ 0.47 (0.96 %) per ton month over month.
A commodity swap is ...
Monday, 05 October 15
SMALL DECLINE IN 2014 SHIP OPERATING COSTS - MOORE STEPHENS
Total annual operating costs in the shipping industry fell by an average of 0.8% in 2014. This compares with the 0.3% average fall in costs recorde ...
Sunday, 04 October 15
THE INDO-INDIA FREIGHT MARKET REMAINS UNDER PRESSURE
COALspot.com: The BDI closed on Friday (2 Oct 2015) at 889 points, down by 54 points compared to previous Friday's closing ( 24 Sept 2015) of 9 ...
Friday, 02 October 15
COAL PRODUCTION IN THE UNITED STATES DECREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.5 million shor ...
Thursday, 01 October 15
SOUTH KOREA'S KOMIPO SEEKS SPOT BITUMINOUS COAL SUPPLIES
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 265,000 Metric Tons (MT) of minimum 4,600 kcal ...
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- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Ind-Barath Power Infra Limited - India
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Baramulti Group, Indonesia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Planning Commission, India
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Globalindo Alam Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Siam City Cement - Thailand
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
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