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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 $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg
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Monday, 05 January 15
FIVE ENERGY SURPRISES FOR 2015: THE POSSIBLE AND THE IMPROBABLE - KURT COBB
The coming year is likely to be as full of surprises in the field of energy as 2014 was. We just don't know which surprises! I am not predictin ...
Monday, 05 January 15
THE SHIPPING MARKET IN 2014 AND LOOKING FORWARD - BIMCO
2014 started with plenty of optimism for a considerably better global economy and an improved shipping market. Things turned out somewhat different ...
Monday, 05 January 15
API 5 FOB NEWCASTLE COAL SWAP FOR Q1'15 DELIVERY CLOSED US$ 0.45 HIGHER COMPARED TO Q2'15 CLOSING
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 0.60 per MT (-1.15%) month over month and gained US$ 0.02 (+0.04%) ...
Sunday, 04 January 15
BALTIC DRY INDEX CONTINUES ITS DECLINE IN 2015
Wish you all a very Happy New Year 2015. The last report was dated 19th Dec 2014 and due to Christmas and new year holidays no reports were publish ...
Saturday, 03 January 15
U.S WEEKLY COAL PRODUCTION FELL 11.2% TO 17.6 MMST WEEK OVER WEEK - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 17.6 million short tons (mmst) of coal ...
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- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Posco Energy - South Korea
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- The University of Queensland
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Ministry of Transport, Egypt
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Merrill Lynch Commodities Europe
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Parliament of New Zealand
- Cement Manufacturers Association - India
- Sical Logistics Limited - India
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Meralco Power Generation, Philippines
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Thiess Contractors Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Tata Chemicals Ltd - India
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