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
Wednesday, 20 November 19
SHIPPING MARKET INSIGHT - INTERMODAL
IntermodalWhile the market expects the next OPEC meeting, there are still no clear signs indicating that the organization will keep supporting oil prices, while some analysts are forecasting that a new supply glut could send oil prices crashing in early 2020. A sharp drop would increase the strain on some group members like Iran, Iraq, and Venezuela, which are already facing political unrest and economic crises. Furthermore, it would ripple through the rest of the industry, hitting the shale boom that has transformed the U.S. into the world’s biggest oil producer. “The prospect of oversupply looms over the market in 2020,” said Martijn Rats, global oil strategist at Morgan Stanley “Either OPEC deepens its cuts, or prices will fall to about $45 a barrel, and force a slowdown in U.S. shale that balances the market.”
 
It is noticed that the Saudis seem to have little appetite for further sacrifices. They already cut output more than twice as deep as initially foreseen in October, while others like Nigeria and Iraq haven’t delivered on their commitments, according to Bloomberg’s data. In addition, Russia faces less budgetary pressure compared to its OPEC counterparts, therefore less urgency to take action. Keeping the current level of cuts might be the right call if optimism about 2020 proves correct. The OPEC general secretary signaled last week that the pressure on the organization to intervene has abated, as the outlook next year is “brighter” because of surprisingly robust economic growth and a thawing of the U.S.-China trade war.
 
The market reaction to OPEC no additional cuts next year is rather bearish for prices. “The first half of next year will be extremely oversupplied,” said Bob McNally, president of Rapidan Energy Group and a former oil official at the White House under President George W. Bush. “To prevent swelling inventories and contain bearish price pressure in the first half, OPEC will have to cut again.” Same has been estimated from Total’s CEO Patrick Pouyanne, who said the producer group may be forced to act if prices slide further. “My feeling is that OPEC will react as the price moves below $60 a barrel,” Pouyanne added.
 
The downturn that might follow if OPEC doesn’t increase its efforts could be painful for many of the alliance’s members. For example it is being reported that Iran, with its exports already decreased due to the U.S. sanctions, may need a price triple than present levels to cover planned government spending next year. Venezuela’s oil production is also bleeding due to its economic collapse, while Iraq has violently suppressed protests against corruption and economic stagnation. Even Saudi Arabia, which requires a comparatively lower price in order to finance its government, also wants to avoid a price crash as it prepares the initial public offering of Aramco.
 
“The impact of a market downturn wouldn’t be limited to OPEC. American shale production has already slowed considerably as lower prices constrain drilling, productivity slackens and investors push companies to provide returns rather than invest in output growth. Drilling could plunge by 20% if OPEC avoids additional cutbacks” Morgan Stanley’s Rats said. Apart from falling prices, it seems that the group’s perceived strength would also be challenged if no extra support is extended next year and therefore despite any indications that this will most probably be the case, the organization might takes markets by surprise.
By Apostolos Rompopoulos
Tanker Chartering Broker
 
Compiled by:
Intermodal Research & Valuations


Analysts:
Ms Eva Tzima

Mr.George Panagopoulos


Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
 
The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.


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

Recent News

Wednesday, 01 July 20
COLOMBIA'S COAL EXPORT VOLUMES HAVE STEADILY DECLINED IN RECENT YEARS - BANCHERO COSTA
Colombia is the world’s fifth largest seaborne exporter of coal, coming after Australia, Indonesia, Russia and the USA.   Export ...


Wednesday, 01 July 20
MARKET INSIGHT - INTERMODAL
It was beginning of 2020 – close to 6 months from now – when we first experienced the huge impact of the COVID 19 outbreak on Ship Repa ...


Monday, 29 June 20
INDONESIAN COAL AT THE MERCY OF THE DRAGON AND TIGER - GHEE PEH | IEEFA
Coal sector analysts have been busy in recent months mapping the negative impact of low coal prices from the COVID-19 pandemic on Indonesian coal c ...


Monday, 29 June 20
FALLING DEMAND IN CHINA AND INDIA SIGNAL TOUGH TIMES AHEAD FOR INDONESIAN EXPORTS - GHEE PEH | EEFA
Assessing the Impact on Indonesian Coal Companies   The bad news for Indonesia’s coal companies is that they are likely to have ...


Monday, 29 June 20
INDIA COAL IMPORT OUTLOOK: WEAK DEMAND, IMPORT SUBSTITUTION, EXPECT 20% YOY DECLINE - GHEE PEH | IEEFA
For India, the coal demand indicators have clearly turned negative.    According to Argus Media, since the government declared a ...


   1 2 3 4 5   
Showing 11 to 15 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 ...

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