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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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Tuesday, 26 April 16
INDONESIA BANNED COAL EXPORTS TO PHILIPPINES BY BARGES DUE TO SECURITY CONCERN
COALspot.com: The Ministry of Energy and Mineral Resources (ESDM) on behalf of the government of Indonesia has Freeze coal exports by barges to Phi ...
Tuesday, 26 April 16
NEWBUILDING DEMAND DOWN EVERYWHERE? - CLARKSONS
Newbuild activity provides one indication of an owner country’s likely future fleet growth, though secondhand sale and purchase and demolitio ...
Monday, 25 April 16
CHINESE STEEL PRICE SURGE NOT SUSTAINABLE - FITCH
The rapid increase in Chinese steel prices so far this year is not sustainable, as it is largely due to a seasonal pick-up in construction and elev ...
Monday, 25 April 16
WEEKLY CS (I) COAL INDICES END ALMOST FLAT
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.05 percent week over week to averaging $38.67 per ton on this past Friday, acco ...
Monday, 25 April 16
BALTIC DRY INDEX ENDS WEEK ON A POSITIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
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Showing 2461 to 2465 news of total 6871 |
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- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- McConnell Dowell - Australia
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Marubeni Corporation - India
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Latin American Coal - Colombia
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Power Finance Corporation Ltd., India
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- White Energy Company Limited
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
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