We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Friday, 06 July 18
AUSTRALIAN NEWCASTLE SPOT COAL PRICES HIT $120 FOR 1ST TIME SINCE 2012 - REUTERS
 Australian thermal coal prices have broken through $120 per tonne for the first time since 2012, driven up by strong consumption in Asia and spot market buying by Japanese utilities to meet demand through the rest of 2018.
Thermal coal cargoes for prompt export from Australia’s Newcastle port last settled at $120.10 per tonne. That’s the highest close since November 2012 and up by 140 percent from record contract lows in late 2015/early 2016.
The price surge has been driven by strong demand from China to feed healthy power demand and industrial growth, despite a drive to shift industry and millions of households from coal to cleaner natural gas.
Restocking to provide cooling over the hottest summer months has added to demand, along with constraints on supply due to earlier mine closures and high hurdles to developing new mines amid concerns about pollution and global warming.
Indonesia has been the biggest beneficiary of China’s strong demand, but Australian miners have also benefited.
“Indonesian shipments to China saw the most gains, estimated to reach 61.8 million tonnes or approximately 49 percent of Chinese imports in the first 6 months of 2018, up from 46.3 million during the same period in 2017,” ship brokerage Banchero Costa said in a note to clients.
“Imports from Australia were estimated at 42.84 million tonnes or 34 percent of China’s imports in 1H 2018, marginally higher compared to the 42.62 million tonnes shipped during the same period in 2017,” it added.
Demand has also been supported by Japanese utilities, which buy about 40 percent of Australia’s thermal coal exports.
Traditionally, Japanese utilities receive most of their coal under long-term deals which they negotiate with suppliers.
However, talks between Japanese utility Tohoku Electric Power and Glencore, the world’s biggest supplier of seaborne thermal coal, were recently abandoned after they failed to reach an agreement.
Traders said this forced Tohoku into the spot market to cover anticipated demand for the rest of the year.
“Once it became clear there would be no agreement, Tohoku went into the spot market to order supplies from Australia,” said one trader with a major merchant, who declined to be named as he was not authorised to speak to media about commercial matters.
“Other utilities, which in the past have used the Tohoku/Glencore deal as a price benchmark, also rushed into the spot market to order coal,” he added.
Tohoku was not immediately available for comment.
Source: Reuters
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 23 August 18
SUPRAMAX: SOME FRESH COAL CARGOES APPEARED IN SE ASIA, GIVING A BIT PRESSURE ON RATES FOR END AUGUST SHIPMENTS - FEARNLEYS
Capesize
Slightly softer but generally very healthy for the big ships, with limited supply of early tonnage and positive Brazilian ore export v ...
Wednesday, 22 August 18
KOMIPO INVITES BIDS FOR 480K TONS OF BITUMINOUS COAL FOR BORYEONG POWER PLANT & SHIN BORYEONG POWER PLANTS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 480,000 mt of min. 5700 NAR coal of Australian origi ...
Wednesday, 22 August 18
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
During the most quite week of the summer period we witnessed a trade war between United States and Turkey. A battle, which started with the arrest ...
Monday, 20 August 18
SUPRAMAX: OVERALL IT WAS A POSITIVE WEEK FOR THE BSI INDEX WITH GAINS MADE - THE BALTIC BRIEFING
Capesize
A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad wea ...
Friday, 17 August 18
DO ARBITRATION AGREEMENTS IN BILLS OF LADING BIND THEIR HOLDERS? - WFW
KNOWLEDGE TO ELEVATE
Bills of lading are a crucial part of the security package traditionally sought by trade finance providers.
...
|
|
|
Showing 1641 to 1645 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- White Energy Company Limited
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Bhatia International Limited - India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- Economic Council, Georgia
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Barasentosa Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Planning Commission, India
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Jindal Steel & Power Ltd - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
|
| |
| |
|
