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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 $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Monday, 28 September 15
Q1'16 CFR SOUTH CHINA COAL SWAP ROSE 2.73 PER CENT M-M
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery moved upward US$ 1.45 (3.04 %) per ton month over month.
A commodity ...
Sunday, 27 September 15
THE PANAMAX INDEX FELL 1.19 PCT WEEK OVER WEEK
COALspot.com: The BDI closed Friday (25/09/2015) at 943 points, down by 17 points compared to previous Friday closing (18/09/2015). The BDI wa ...
Friday, 25 September 15
COAL PRODUCTION IN THE U.S. FOR THE WEEK ENDING SEPTEMBER 19 ROSE 2.5% PER CENT W-W
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.8 million shor ...
Wednesday, 23 September 15
CAPESIZE: SPOT RATES HAVE INCREASED MORE THAN 70 PER CENT DURING LAST WEEK
Dry Bulk owners, always look at September as the time that the market “signals” what lies ahead for the remainder of the year. The Chin ...
Wednesday, 23 September 15
INDONESIA: NEW REGULATION APPLIES FINAL INCOME TAX TO MINERAL AND COAL SALES - FLORENCE GRACIA SANTOSO
To increase state revenue from the mining sector, the Government of Indonesia has imposed a new final income tax on any sale of mineral and coal, a ...
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- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Salva Resources Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- PowerSource Philippines DevCo
- Metalloyd Limited - United Kingdom
- Bhatia International Limited - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- The University of Queensland
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- SMG Consultants - Indonesia
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Indogreen Group - Indonesia
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Deloitte Consulting - India
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Commonwealth Bank - Australia
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Samtan Co., Ltd - South Korea
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
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