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Indian Cement Industry Seeks Spot Coal
2011-09-27 00:00:00
On September 26, Reuters reported that due to large stocks at ports, Indian users are expected to receive several tenders and inquiries for imported spot thermal coal at low prices. India has stockpiled more than 12 million tons of thermal coal, and at least 7 million to 8 million of the final imports will not be sold, the country's leading import trader said last week.
< P > < FONT face = Verdana > On September 26, Reuters reported that several upcoming tenders and inquiries for imported spot thermal coal from Indian users were expected to show low prices due to large stocks at ports. India's main import traders said last week that India had stockpiled more than 12 million tons of thermal coal, and that at least 7 million to 8 million final imports would not be sold. < P > < FONT face = Verdana > Cement manufacturer Otaike has made enquiries for two lots of South African coal but has not yet confirmed a deal. < P > < FONT face = Verdana > The National Aluminium Company has tendered approximately 200,000 tonnes of spot coal and Hindalco is seeking a very punctual South African order. As of Friday, 1 million tonnes of coal was available for tender in Andhra Pradesh in July-August. < P > < FONT face = Verdana > India's largest coal trader said, "The bidding competition is fierce, so we only focus on selected bids.". "Because of the high inventory, buyers will have a large number of orders to choose from," he said.
Correlation
Data from the Ministry of Commerce and Industry show that India's cement production in the first half of 2019 increased by 6.3% year-on-year to 至1.78 million tons, compared with 167 million tons in the same period in 2018. On a monthly basis, production declined by 1.5% to 28.3 million tonnes in June 2019 from 2.88 million tonnes in June 2018.
2019-08-02 10:57:30
As an energy-intensive industry, the cement industry accounts for 5% of global carbon dioxide emissions, requiring up to 4.7 million BTU of energy per ton of clinker, equivalent to about 180 kilograms of coal. This is the key reason why it needs to always be alert to its destructive role in the environment.
2018-12-03 10:11:11
Recently, 11 cement companies in India were punished by the country's Competition Commission for their cartelization (that is, the formation of a cartel). Ten of them have appealed to the court for adjustment.
2012-09-14 00:00:00
UltraTech Cement, India's largest cement producer, has appealed to the Indian government to help its cement industry out of trouble. It is reported that India's cement industry has entered a challenging era due to soaring operating costs and slowing demand.
2012-09-06 00:00:00
India Cements, the largest cement producer by sales in southern India, has received approval from the country's environment department to expand the production capacity of its two cement plants.
2012-06-21 00:00:00
On June 15, local time in India, Jaypee Group announced on the same day that it planned to raise funds by diluting a minority stake in Jaypee Cement Company to support the expansion and maturing debt of a private equity company.
2012-06-19 00:00:00
Jaiprakash Associates, a cement subsidiary of India's Jaypee Group, is preparing to sell its stake to investors including Singapore's Temasek Holdings to raise funds to repay its debts. According to Reuters, Jaypee Group has been in contact with several potential investors about selling its stake in Jaiprakash.
2011-11-09 00:00:00
On September 26, Reuters reported that due to large stocks at ports, Indian users are expected to receive several tenders and inquiries for imported spot thermal coal at low prices. India has stockpiled more than 12 million tons of thermal coal, and at least 7 million to 8 million of the final imports will not be sold, the country's leading import trader said last week.
2011-09-27 00:00:00
ACC, India's second largest cement producer, announced Monday that its cement loading in July rose 28% from last year to 2 million tons, Reuters reported.
2011-08-02 00:00:00
India's western regions will face higher prices for cement, and Indian cement companies have planned to raise the price of 50 kilograms of cement by 10 rupees from February 1 due to the lack of railway freight cars.
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CEMPI
94.8
0 0%
CONCPI
88.80
-0.64 -0.72%
CLKPI
97.46
0.00 0.00%
SPPI
44.52
-0.26 -0.58%
MORPI
73.32
0.00 0.00%
According to the latest data from the General Administration of Customs, from January to April 2026, China's cement and clinker exports reached 8.85 million tons, a sharp increase of 289.7% over the same period last year. Among them, exports in April were 2.66 million tons, up 233% year-on-year.
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