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Thursday, 21 December 17
FUEL SHORTAGE TRIGGERS JUMP IN COAL PRICES - CHINA DAILY
 China’s thermal coal prices jumped recently as natural gas shortages across the north spurred an unexpected resurgence in demand for coal-fired power.
Coal futures jumped to 689.8 yuan ($104) per metric ton on Dec 11, topping a previous all-time high of 688.8 yuan set the previous week, Reuters reported.
China Coal Price Index, the first index of its kind in the country, rose by 0.7 percentage points to 156.6 on Dec 8. The price of 5,000 kilocalorie coal and 5,500 kilocalorie coal in the northern ports reached 591 yuan and 612 yuan per ton respectively on Dec 8, up by 5 yuan and 2 yuan respectively from a week earlier.
The increase comes after the country was forced to put the brakes on its ambitious push to convert millions of households to gas or electric heating. Because of a gas shortage, people have been told they can return to coal heating if needed.
On Dec 7, the Beijing municipal government ordered an immediate restart of coal-fueled generators to ease the shortage of liquefied natural gas in northern China.
The city was told by the National Development and Reform Commission to immediately resume the backup coal-fired power plant run by China Huaneng Group.
The Huaneng coal-fired power plant, with installed capacity of 845 megawatts, was shut in March in a bid to reduce harmful emissions in the city.
On Dec 4, the Ministry of Environmental Protection told northern regions to allow coal burning in places that have not converted to gas or electric heating in order to “ensure a warm winter” for the public.
Four central government branches, including the National Development and Reform Commission and the Ministry of Environmental Protection, would send inspection teams to 11 provinces across northern China to ensure households have heating during winter, Xinhua reported.
“Although the transition from coal to clean and renewable energy is an irreversible trend, it will proceed in a gradual manner in the world largest consumer of the fuel,” said Lin Boqiang, director of the Energy Economics Research Center at Xiamen University.
China holds one-third of the world’s coal reserves; in 2016, the fuel accounted for around 62 percent of the nation’s basic energy needs.
Wu Lixin, deputy director of the strategic planning research department at the China Coal Research Institute, said the country has made great efforts to reduce emissions from coal-fired power plants. Currently, the smoke and pollutant emission of half of the country’s coal-fired power plants are similar to those of gas-fired power plants
“Unless the storage technology of renewable energy makes a significant breakthrough, coal will still remain the most important energy source in China, making up around 50 percent of the country’s total energy consumption in 2030,” she said.
However, coal prices will “basically be stable in the long term as the situation of overcapacity and oversupply in the sector remains unchanged”, said Jiang Shimin, vice-president of China National Coal Association.
Source: China Daily
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Tuesday, 05 December 17
THE COKING AND THERMAL COAL RECORDING SMALL GAINS - DANIEL HYNES
Coal markets were higher, with both coking and thermal coal recording small gains, said Daniel Hynes Senior Commodity Strategist at ANZ in his late ...
Tuesday, 05 December 17
WEEKLY US COAL PRODUCTION ESTIMATES DIP WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.1 million short ton ...
Thursday, 30 November 17
CONTEMPLATING COAL'S CONTROVERSY AT COP23 - BENJAMIN SPORTON
Representing the coal industry at climate talks is never going to be an easy proposition. For many people, coal and climate action are incompatible ...
Wednesday, 29 November 17
THE LAST DAYS OF COAL? - ALIBRA SHIPPING
At least 15 countries have joined an international alliance to phase out coal use for power generation before 2030.
Britain, Canada, Denmark, ...
Wednesday, 29 November 17
THERMAL COAL MARKETS WERE A LITTLE BIT MORE SUBDUED - DANIEL HYNES, ANZ
Coal prices were stronger, led by gains in coking coal. Premium hard coking coal jumped above USD200/t for the first time in two months, said Danie ...
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Showing 1861 to 1865 news of total 6871 |
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- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Independent Power Producers Association of India
- Parliament of New Zealand
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- PNOC Exploration Corporation - Philippines
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Marubeni Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Australian Coal Association
- TeaM Sual Corporation - Philippines
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- San Jose City I Power Corp, Philippines
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Kartika Selabumi Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
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