COALspot.com keeps you connected across the coal world
  • JUNE 2020 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS INCLUDING POWER PRODUCERS FIXED AT US$ 52.98 A TON

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

Wednesday, 24 June 20
MARKET INSIGHT - INTERMODAL
The World Bank estimates that the global economy will fall by 5.2% this year, underlining that the Covid-19 pandemic has had rapid and massive cons ...


Tuesday, 23 June 20
COVID-19 COULD CAUSE A BOOM IN COAL POWER - RYSTAD ENERGY | OILPRICE
COVID-19 has not only impacted the energy industry’s revenues but also its infrastructure development. The delay of new natural gas ...


Tuesday, 23 June 20
CHINA'S COAL OUTPUT UP 0.9 PCT IN JANUARY-MAY: XINHUA
Output of raw coal in China rose 0.9 percent year on year to 1.47 billion tonnes in the first five months of this year, official data showed. & ...


Monday, 22 June 20
KAMSARMAX TYPES REGULARLY HIT THE $9,000 PER DAY LEVEL FOR INDONESIAN COAL RUN TO CHINA, BALTIC BRIEFING SAYS
Capesize The Capesize market trajectory this week has been one of the steepest rallies the sector has experienced. Opening at $12,410, the sect ...


Saturday, 20 June 20
WORLD OIL DEMAND IS PROJECTED TO DECREASE BY 9.1 MB/D IN 2020 - OPEC
Crude Oil Price Movements Spot crude oil prices rebounded in May from low levels registered a month earlier, as physical market fundamentals im ...


   3 4 5 6 7   
Showing 21 to 25 news of total 5994
News by Category
Popular News
 
Total Members : 26,978
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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