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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 $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Monday, 30 March 15
Q3' 15 CFR SOUTH CHINA COAL SWAP: DECLINED 8.7% M-M; 12.77% Y-TO-D
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 5.00 (-8.70%) per MT month over month and US$ 1.33 (-2 ...
Monday, 30 March 15
Q2' FOB NEWCASTLE COAL SWAP CLOSED 4.47% HIGHER THAN Q4' CLOSING PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 5.42 per MT (-10.43%) month over month and US$ 1.60 (-3.32%) w ...
Sunday, 29 March 15
INDO - INDIA: SUPRAMAX & PANAMAX FREIGHT MARKET STEADY
COALspot.com: The freight market was almost stable as all segments slightly up except Panamax sector.
The BDI was up by just 0.85% week over w ...
Saturday, 28 March 15
IS NORTHERN EUROPE THE NEW MINING ELDORADO?
The Europe Mining 2015 Summit, organised by Global Summits organizer IRN on 17-18 June in Amsterdam, The Netherlands, will gather senior level repr ...
Saturday, 28 March 15
THE DRY BULK FLEET AT BREAKING POINT - CLARKSONS
The severe oversupply in the bulkcarrier fleet has contributed to the current trough in the dry bulk market, putting considerable financial pressur ...
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- Sinarmas Energy and Mining - Indonesia
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Parliament of New Zealand
- Australian Commodity Traders Exchange
- Ind-Barath Power Infra Limited - India
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- CNBM International Corporation - China
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Interocean Group of Companies - India
- PetroVietnam Power Coal Import and Supply Company
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Mercuria Energy - Indonesia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Minerals Council of Australia
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
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