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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, 16 November 21
CHINA'S MONTHLY COAL OUTPUT RISES TO HIGHEST SINCE MARCH 2015 - REUTERS
China’s October coal output rose to the highest since at least March 2015, after Beijing approved a raft of coal mine expansions to tame reco ...
Friday, 12 November 21
RUSSIA-INDIA COKING COAL DEAL UNLIKELY TO IMPACT PANAMAX SHIPPING - DREWRY
Russia and India have recently entered into an agreement whereby Russia will supply up to 40 million tonnes of coking coal to India every year. Dre ...
Friday, 12 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...
Friday, 12 November 21
INDONESIAN COAL PRICE REFERENCE TOPS $215 A TON; THE HIGHEST COAL PRICE IN HISTORY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second half of 2021 as it reached a pinnacle of $215.01 in November 2021 ...
Thursday, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...
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- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- PNOC Exploration Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Timah Investasi Mineral - Indoneisa
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Karaikal Port Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- The University of Queensland
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Dalmia Cement Bharat India
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Eastern Coal Council - USA
- Parliament of New Zealand
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- MS Steel International - UAE
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Grasim Industreis Ltd - India
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Formosa Plastics Group - Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Carbofer General Trading SA - India
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Jaiprakash Power Ventures ltd
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
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