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Thursday, 17 November 16
FROTHY THERMAL COAL PRICES POINT TO DOWNSIDE PRESSURES IN 2017 - FITCH
 Fitch Ratings says in an Outlook Report that the Asian thermal coal industry will remain under pressure in 2017 due to more-than-adequate capacity and price adjustments that are likely to be downward. The strong pricing rebound since early 2016 is unlikely to be sustained as the Chinese government relaxes its working-day curtailment policies to manage prices.
According to Fitch, supply-demand dynamics remain on soft ground, as China eliminated only 152 million tonnes of excess capacity in 8M16, compared with 600 million tonnes of capacity seeking production approval and another 800 million tonnes under construction. Meanwhile, India is ramping up domestic supply aggressively to enhance energy security and reduce current account deficits, while domestic demand growth has been lacklustre.
Fitch further said, the Chinese government has relaxed its supply controls since September to prevent runaway coal prices from delaying capacity rationalisation. Recent policies reveal Beijing's wish to keep the 5,500kcal/kg coal prices below CNY460/tonne, versus CNY607/tonne as of end-October. Fitch believes the government has ample measures to curb prices, given sufficient capacity to serve stagnant demand. The depreciation of the Chinese yuan against the US dollar can also have a negative effect on import demand and seaborne prices in dollar terms.
Fitch says, Indonesian coal producers focusing on the export market are likely to suffer the most as their largest buyer - India - experiences weak thermal power generation, curbs coal imports, and increases utilisation of higher-rank Australian and South African coal.
The recent appreciation in thermal coal prices will prop up the operating cash generation of Asian coal producers; however, the price outlook remains uncertain and challenging, Fitch concluded.
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Friday, 07 July 17
EIA ESTIMATES SHOW U.S WEEKLY COAL PRODUCTION UP 1.7 PERCENT
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.9 million short tonn ...
Thursday, 06 July 17
SUPRAMAX: INDO TO INDIA TRIPS WITH DELIVERY THAILAND RANGE IS GIVING OWNERS AROUND MID $8000 - FEARNLEYS
Supramax
Another slow start to the week with somewhat softening rates and few fixtures.
According to Fearnleys Weekly Dry bulk report, the N ...
Thursday, 06 July 17
UNEXPECTED MOVE FROM CHINA BOOSTS COAL PRICES - OIL PRICE
Coal prices have been cooling the last few months — after a spectacular run last year. But news late last week suggests the market is about t ...
Wednesday, 05 July 17
COAL PRICES ROSE IN CHINA, JAPAN AND EUROPE IN 2016 - BP
COALspot.com: Coal prices rose in China, Japan and Europe in 2016 after four years of price declines.
According to bp, the rise in coal prices ...
Wednesday, 05 July 17
TANKER MARKET INSIGHT - KATERINA RESTIS
A war of words blasted last month as the UAE, S. Arabia, Egypt and Bahrain revealed that they are experiencing severe diplomatic issues with the st ...
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Showing 2011 to 2015 news of total 6871 |
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- Sical Logistics Limited - India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bhoruka Overseas - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Australian Coal Association
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Commonwealth Bank - Australia
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Altura Mining Limited, Indonesia
- The University of Queensland
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- Minerals Council of Australia
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
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