COALspot.com keeps you connected across the coal world
  • SEPTEMBER 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 65.79 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Tuesday, 25 September 18
THE INCONVENIENT TRUTH OF RISING COAL PRICES - FORBES
ForbesCoal prices are not supposed to be rising as governments tighten environmental controls but that’s precisely what is happening at the premium end of the coal market where prices have soared.
 
Over the past six months the price of top quality thermal coal exported from the Australian port of Newcastle has risen by 25% to $115 a ton, a move reflected in the share prices of Australian coal exporters such as Whitehaven Coal which is up 27% over the same time, and Stanmore Coal which is up 16%.
 
The increase is more dramatic when looking back two years to a time when premium thermal coal exported from Newcastle was selling for $50/t, less than half its current price. Whitehaven’s share price is even more impressive over a two year time frame; up 140%.
 
Interestingly, the price of lower quality coal has not risen over the past 12-months, stuck at around $65/t.
 
The net effect of recent events in the coal market is to create a wide gap between the best quality coal, which is also the least polluting, with lower-quality coals that are cheaper but more environmentally damaging.
 
Flight To Quality
 
What could be happening is part of a change being seen across the world’s mining industry where there is a flight to quality as environmental regulations tighten around gas emissions and the disposal of waste generated in manufacturing processes. As a general rule high-quality raw materials create less pollution.
 
But there might be another factor at work in the coal market which is potentially more significant; declining supplies of premium coal as exploration for the fuel slows and government mining approvals become harder to get.
 
China has been a key player in the high-quality drift which can also be seen in the market for iron ore where limited supplies of top quality material fetch up to $90/t whereas the benchmark price is closer to $70 a ton and low-grade ore has dropped to $40 a ton.
 
Coal has always had two primary markets, material classified as coking which finds its way into steel-making, and energy (or thermal) coal used to generate electricity.
 
Steel-making coal has not featured in the latest price moves which is all about demand for electricity in Asia.
 
Shortage Developing
 
The price difference between high quality and low quality coal has become so wide that investment banks such as Morgan Stanley have noted the potential for a shortage in premium material as well as environmental factors being behind the difference.
 
In a recent research report Morgan Stanley said the widening of the price gap from a 22% difference between low-grade and high-grade coal two years ago to a 90% gap earlier this year.
 
“One could argue this to be similar to the flight-to-quality seen in iron ore, the rise in price is comparable, but unlike iron ore, we believe the spiking energy differential is not just a China demand story but about weak supply of premium coal,” Morgan Stanley said.
 
Over the next year the price gap is expected to narrow as producers of high-quality coal in countries such as Colombia and Russia are attracted to the high prices on offer in Asia.
 
In the longer term, however, the drive for reduced pollution from coal burning could turn out to be a factor in coal prices staying high because tough environmental protection laws in a number of countries are limiting the development of new coal mines.
 
In other words, demand for coal remains high and is growing in some countries, but supply is struggling to keep up.
 
In effect, efforts to limit coal production has become a significant factor in lifting the coal price for companies already producing.
 
That certainly appears to be the case in Australia, one of the biggest exporters of high-quality coal and home to some of the toughest rules governing mine development.
 
Not only is the situation an example of flight to quality it could also be an example of unintended consequences.
Source: Forbes


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 30 October 15
COAL PRODUCTION IN THE UNITED STATES INCREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.5 million shor ...


Thursday, 29 October 15
IRAN'S RETURN TO OIL MARKETS WILL HAVE TEMPERED IMPACT FOR THE TANKER SHIPPING INDUSTRY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
While many analysts appear to be fearful of a potential incremental rise in tanker ships’ supply, as a result of the imminent return of Iran ...


Thursday, 29 October 15
Q2' 16 FOB INDONESIA COAL SWAP CLOSED US$ 37.40 PER TON; DECLINED 5.56 PER CENT M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week. The Q4 swap declined $ 2.13 (-5.34%) per t ...


Wednesday, 28 October 15
Q2'16 FOB RICHARDS BAY COAL SWAP SEES FURTHER DECLINES
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 gained week over week and declined month over month. The Q4 swap was d ...


Wednesday, 28 October 15
BDI INCREASE TOOK PLACE SOLELY ON THE BACK OF CAPESIZE PERFORMANCE, BUT........ - INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a small improvement  which nonetheless failed to lift sentiment, not only because ...


   281 282 283 284 285   
Showing 1411 to 1415 news of total 5538
News by Category
Popular News
 
Total Members : 26,487
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Jindal Steel & Power Ltd - India
  • KOWEPO - South Korea
  • CNBM International Corporation - China
  • McKinsey & Co - India
  • Shenhua Group - China
  • Miang Besar Coal Terminal - Indonesia
  • New Zealand Coal & Carbon
  • GAC Shipping (India) Pvt Ltd
  • Mitsui
  • Adaro Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Coal India Limited
  • Vale Mozambique
  • Glencore India Pvt. Ltd
  • India Bulls Power Limited - India
  • Romanian Commodities Exchange
  • Siam City Cement - Thailand
  • Platts
  • Bank of China, Malaysia
  • Tamil Nadu electricity Board
  • Maybank - Singapore
  • Africa Commodities Group - South Africa
  • Panama Canal Authority
  • APGENCO India
  • Gujarat Electricity Regulatory Commission - India
  • European Bulk Services B.V. - Netherlands
  • Directorate General of MIneral and Coal - Indonesia
  • Ambuja Cements Ltd - India
  • Reliance Power - India
  • Latin American Coal - Colombia
  • GHCL Limited - India
  • Kideco Jaya Agung - Indonesia
  • Mercuria Energy - Indonesia
  • DBS Bank - Singapore
  • ING Bank NV - Singapore
  • Borneo Indobara - Indonesia
  • Jatenergy - Australia
  • Central Electricity Authority - India
  • South Luzon Thermal Energy Corporation
  • Economic Council, Georgia
  • Thermax Limited - India
  • Clarksons - UK
  • Kapuas Tunggal Persada - Indonesia
  • IMC Shipping - Singapore
  • Mitra SK Pvt Ltd - India
  • Xindia Steels Limited - India
  • Bukit Baiduri Energy - Indonesia
  • Freeport Indonesia
  • Vizag Seaport Private Limited - India
  • Ernst & Young Pvt. Ltd.
  • Sinarmas Energy and Mining - Indonesia
  • KEPCO - South Korea
  • The Treasury - Australian Government
  • Timah Investasi Mineral - Indoneisa
  • Maharashtra Electricity Regulatory Commission - India
  • Tata Power - India
  • Bangkok Bank PCL
  • London Commodity Brokers - England
  • Madhucon Powers Ltd - India
  • Bharathi Cement Corporation - India
  • PLN - Indonesia
  • Georgia Ports Authority, United States
  • J M Baxi & Co - India
  • Eastern Coal Council - USA
  • Orica Australia Pty. Ltd.
  • Moodys - Singapore
  • Cemex - Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Binh Thuan Hamico - Vietnam
  • Port Waratah Coal Services - Australia
  • Rudhra Energy - India
  • Asmin Koalindo Tuhup - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Goldman Sachs - Singapore
  • International Coal Ventures Pvt Ltd - India
  • TANGEDCO India
  • Cigading International Bulk Terminal - Indonesia
  • Peabody Energy - USA
  • Mintek Dendrill Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Attock Cement Pakistan Limited
  • Sojitz Corporation - Japan
  • Kohat Cement Company Ltd. - Pakistan
  • Petrochimia International Co. Ltd.- Taiwan
  • Formosa Plastics Group - Taiwan
  • Makarim & Taira - Indonesia
  • Interocean Group of Companies - India
  • GNFC Limited - India
  • Xstrata Coal
  • World Bank
  • Total Coal South Africa
  • Indorama - Singapore
  • Banpu Public Company Limited - Thailand
  • Planning Commission, India
  • Ministry of Mines - Canada
  • ASAPP Information Group - India
  • JPMorgan - India
  • Commonwealth Bank - Australia
  • Orica Mining Services - Indonesia
  • Maersk Broker
  • Ministry of Finance - Indonesia
  • Humpuss - Indonesia
  • KPCL - India
  • Bulk Trading Sa - Switzerland
  • Core Mineral Indonesia
  • Credit Suisse - India
  • PTC India Limited - India
  • Intertek Mineral Services - Indonesia
  • LBH Netherlands Bv - Netherlands
  • Edison Trading Spa - Italy
  • SASOL - South Africa
  • Runge Indonesia
  • Kaltim Prima Coal - Indonesia
  • Standard Chartered Bank - UAE
  • Cardiff University - UK
  • Grasim Industreis Ltd - India
  • U S Energy Resources
  • Mechel - Russia
  • Posco Energy - South Korea
  • JPower - Japan
  • Parliament of New Zealand
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Cement Manufacturers Association - India
  • Indonesian Coal Mining Association
  • Oldendorff Carriers - Singapore
  • Bank of America
  • GMR Energy Limited - India
  • Uttam Galva Steels Limited - India
  • Australian Coal Association
  • Coeclerici Indonesia
  • Chamber of Mines of South Africa
  • Energy Link Ltd, New Zealand
  • White Energy Company Limited
  • KPMG - USA
  • Jorong Barutama Greston.PT - Indonesia
  • Coalindo Energy - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Mjunction Services Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • PetroVietnam
  • CoalTek, United States
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Videocon Industries ltd - India
  • Kobe Steel Ltd - Japan
  • Inco-Indonesia
  • World Coal - UK
  • Mitsubishi Corporation
  • Maruti Cements - India
  • Malco - India
  • Geoservices-GeoAssay Lab
  • ACC Limited - India
  • Savvy Resources Ltd - HongKong
  • Thomson Reuters GRC
  • Tanito Harum - Indonesia
  • The University of Queensland
  • Coal Orbis AG
  • Indian Oil Corporation Limited
  • Thailand Anthracite
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Sical Logistics Limited - India
  • McConnell Dowell - Australia
  • Vitol - Bahrain
  • Aboitiz Power Corporation - Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • VISA Power Limited - India
  • Bukit Makmur.PT - Indonesia
  • Ministry of Transport, Egypt
  • Electricity Generating Authority of Thailand
  • HSBC - Hong Kong
  • Argus Media - Singapore
  • CESC Limited - India
  • Tata Chemicals Ltd - India
  • Thai Mozambique Logistica
  • Lanco Infratech Ltd - India
  • Vedanta Resources Plc - India
  • Petrosea - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Antam Resourcindo - Indonesia
  • Qatrana Cement - Jordan
  • Coastal Gujarat Power Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Gresik Semen - Indonesia
  • The State Trading Corporation of India Ltd
  • Independent Power Producers Association of India
  • Japan Coal Energy Center
  • Manunggal Multi Energi - Indonesia
  • Samsung - South Korea
  • Chettinad Cement Corporation Ltd - India
  • Ind-Barath Power Infra Limited - India
  • Bangladesh Power Developement Board
  • PetroVietnam Power Coal Import and Supply Company
  • Indogreen Group - Indonesia
  • Meenaskhi Energy Private Limited - India
  • CCIC - Indonesia
  • Bhushan Steel Limited - India
  • EIA - United States
  • UOB Asia (HK) Ltd
  • CIMB Investment Bank - Malaysia
  • Kumho Petrochemical, South Korea
  • UBS Singapore
  • SGS (Thailand) Limited
  • Wilmar Investment Holdings
  • Medco Energi Mining Internasional
  • Karbindo Abesyapradhi - Indoneisa
  • Rio Tinto Coal - Australia
  • Inspectorate - India
  • Merrill Lynch Bank
  • Australian Commodity Traders Exchange
  • Permata Bank - Indonesia
  • Dalmia Cement Bharat India
  • Noble Europe Ltd - UK
  • Arutmin Indonesia
  • TeaM Sual Corporation - Philippines
  • Parry Sugars Refinery, India
  • Bhoruka Overseas - Indonesia
  • Coal and Oil Company - UAE
  • Central Java Power - Indonesia
  • RBS Sempra - UK
  • Infraline Energy - India
  • GB Group - China
  • Sindya Power Generating Company Private Ltd
  • The India Cements Ltd
  • TNB Fuel Sdn Bhd - Malaysia
  • TNPL - India
  • Indian School of Mines
  • Renaissance Capital - South Africa
  • SMG Consultants - Indonesia
  • Asia Cement - Taiwan
  • Alfred C Toepfer International GmbH - Germany
  • Merrill Lynch Commodities Europe
  • Marubeni Corporation - India
  • Thriveni
  • Berau Coal - Indonesia
  • Altura Mining Limited, Indonesia
  • Ince & co LLP
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Singapore Mercantile Exchange
  • Pinang Coal Indonesia
  • Power Finance Corporation Ltd., India
  • Barasentosa Lestari - Indonesia
  • PowerSource Philippines DevCo
  • Anglo American - United Kingdom
  • Gujarat Sidhee Cement - India
  • globalCOAL - UK
  • Fearnleys - India
  • Metalloyd Limited - United Kingdom
  • Deutsche Bank - India
  • Thiess Contractors Indonesia
  • Kobexindo Tractors - Indoneisa
  • Larsen & Toubro Limited - India
  • Barclays Capital - USA
  • PNOC Exploration Corporation - Philippines
  • Sakthi Sugars Limited - India
  • Indonesia Power. PT
  • Bayan Resources Tbk. - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Adani Power Ltd - India
  • Trasteel International SA, Italy
  • IEA Clean Coal Centre - UK
  • Eastern Energy - Thailand
  • BRS Brokers - Singapore
  • Price Waterhouse Coopers - Russia
  • WorleyParsons
  • Star Paper Mills Limited - India
  • ETA - Dubai
  • Cargill India Pvt Ltd
  • Billiton Holdings Pty Ltd - Australia
  • Karaikal Port Pvt Ltd - India
  • Gupta Coal India Ltd
  • Maheswari Brothers Coal Limited - India
  • IOL Indonesia
  • Surastha Cement
  • Deloitte Consulting - India
  • Sucofindo - Indonesia
  • Russian Coal LLC
  • OCBC - Singapore
  • Minerals Council of Australia
  • EMO - The Netherlands
  • MS Steel International - UAE
  • Aditya Birla Group - India
  • Bhatia International Limited - India
  • Malabar Cements Ltd - India
  • Asian Development Bank
  • Wood Mackenzie - Singapore
  • Jaiprakash Power Ventures ltd
  • Agrawal Coal Company - India
  • Coaltrans Conferences
  • Platou - Singapore
  • PLN Batubara - Indonesia
  • NALCO India
  • IHS Mccloskey Coal Group - USA
  • Salva Resources Pvt Ltd - India
  • GVK Power & Infra Limited - India
  • Sree Jayajothi Cements Limited - India
  • Lafarge - France
  • Riau Bara Harum - Indonesia
  • ANZ Bank - Australia
  • Siam City Cement PLC, Thailand
  • Essar Steel Hazira Ltd - India
  • Britmindo - Indonesia
  • NTPC Limited - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Indika Energy - Indonesia
  • Heidelberg Cement - Germany
  • Carbofer General Trading SA - India
  • Enel Italy
  • Gujarat Mineral Development Corp Ltd - India
  • Shree Cement - India
  • SRK Consulting
  • Idemitsu - Japan
  • IBC Asia (S) Pte Ltd
  • BNP Paribas - Singapore
  • Arch Coal - USA
  • ICICI Bank Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Mercator Lines Limited - India
  • SUEK AG - Indonesia
  • Samtan Co., Ltd - South Korea
  • MEC Coal - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Cosco
  • Simpson Spence & Young - Indonesia
  • bp singapore
  • Toyota Tsusho Corporation, Japan
  • Krishnapatnam Port Company Ltd. - India