COALspot.com keeps you connected across the coal world
  • THE BANGLADESH-CHINA POWER COMPANY HAS SIGNED A DEAL TO IMPORT COAL FOR PAYRA POWER PLANT WITH PT BAYAN RESOURCES
  • JUNE 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 81.48 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
Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are being re-routed to other Asian countries open for business; but at lower prices. Traders have complained that custom clearances times are dramatically up on the Chinese ports, taking on average 45 days to offload, compared to 10-12 days earlier with volumes limited to a few thousands of tons. What appears to be a Chinese indirect restriction on Australian coal in particular—Australia being second biggest exporter of coal to China—the Australian dollar dropped by 1 percent following news of the apparent ban with prices under pressure in the overall market. Too bad for coal miners, but great news for coal importers.
 
According to a Reuters report, Australian Thermal Coal price per ton was $92.53 the past week, down from prior week’s $95.18. In the week of Feb 17, 2019 last month, the price was $89.46 at a 19-month low. Month-end data of Feb-19 shows that coal prices are down 10 percent since this month last year, and by 19 percent since Aug-18. Though some mysterious Chinese sources have told the media that
 
China has put a cap on Australian coking coal and thermal coal imports which in 2018 stood at 39 million tons and 49 million tons respectively—both over 20 percent of Australian global exports in the commodities. Meanwhile, there are no such barriers on Indonesian or Russian coal. Analysts believe the ban may be politically inclined (Australian government has recently put a ban on Huawei from building a 5G network) but Chinese official word is that the policy is targeting “environmental protection”, not any particular country.
 
According to officials, China is running safety and quality checks—which include radioactivity tests—at the ports which is causing the delays. This is apparently to safeguard the environment and coal importers in the country, though it doesn’t make sense why coal from other countries are getting a free pass. In fact, analysts believe this move is simply to safeguard the interests of domestic Chinese coal miners who are battling Australian imports which are preferred in the market due to their higher productivity. The move may even backfire since importers will be racing to the doors of other higher-grade coal producers like Indonesia.
 
It has been argued by Wood Mackenzie’s Research Director to the Financial Review that a prolonged ban may have adverse implications. It could raise Chinese steel makers’ prices since they will be using domestic coal whereas excess volumes of Australian coal will flood the markets that would depress coal prices. However, the restriction is limited to a few ports so far. According to Refinitiv, the financial markets arm of Reuters, the pricing is not indicative of a massive slowdown in China’s coal imports. There aren’t dramatic changes in volumes either, though the speed of vessel offloading in March may be foretelling a challenging future.
Source: Business Recorder


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

Recent News

Thursday, 20 June 19
BUMI RESOURCES EXPECTS TO SELL 42 MILLION TONS OF COAL IN FIRST HALF - JAKARTA POST
PT Bumi Resources (BUMI), Indonesia's largest thermal coal miner, expects to close the first half of this year with coal sales of 42 million to ...


Tuesday, 18 June 19
TANKER SHIPPING: WHILE WE WAIT FOR 2020 TO KICK IN, IT'S ALL ABOUT POLITICS - BIMCO
Demand drivers and freight rates Iran, Libya and Venezuela face export limitations because of sanctions and internal political troubles. At the s ...


Saturday, 15 June 19
SUPRAMAX: A 58,000-TONNER, OPEN QINGDAO, WAS BOOKED TO REDELIVER IN EAST COAST INDIA AT $6,500 - BALTIC BRIEFING
Capesize The market closed on a quiet Friday last week after a few hectic days of mid-week trading. Trade routes from Brazil to the Far East we ...


Friday, 14 June 19
PANAMAX: OUTLOOK IS MIXED - FERNLEYS
Capesize Sentiment changed to a more nervous tone as pacific cargo volumes failed to deliver as expected, however latest activity indicates res ...


Friday, 14 June 19
ELECTRONIC (PAPERLESS) TRADING - SKULD
KNOWLEDGE TO ELEVATE Electronic Shipping Solutions: Bolero International Ltd, E-Title Authority Pte Ltd, Global Share S.A. (edoxOnline platfor ...


   1 2 3 4 5   
Showing 1 to 5 news of total 5490
News by Category
Popular News
 
Total Members : 26,248
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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