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Monday, 09 July 18
RISING COAL PRICES LIFTING AUSTRALIA'S EXPORT REVENUES BUT INVESTORS STAYING AWAY - NEWCASTLE HERALD
 Newcastle coal prices have risen more than 40 per cent in a year to be at their highest levels for seven years but the industry is becoming increasingly isolated as traditional sources of investment funds dry up.
One of the important indicators of the global coal market, the McCloskey spot price index for Newcastle thermal coal bound for Japanese power stations, has risen from $US101.60 a tonne ($135.40) a year ago to $US115.50 ($156) during the last two weeks of June.
A year ago, the McCloskey index was $US79.95 ($105), meaning the index has risen almost 45 per cent in a year.
Analysts say the higher prices indicate restrictions in supply. In the years before sentiment turned against coal, mining companies would have reacted to an increase in demand by opening new mines or expanding existing ones to lift production.
But with big banks increasingly unwilling to lend on coal projects, analysts say the industry will have to find non-traditional sources of finance, such as private equity. They say the lack of finance also means prices for thermal coal, and for coking coal used in steelmaking, are unlikely to fall back to the low levels that saw thermal coal bottom out at less than $US50 ($68) a tonne in the first half of 2016.
A new commodities report this week by the National Australia Bank predicted an average thermal coal price this year of $US98 ($132.50) this year, up 12 per cent on last year. The price rises mean coal is likely to top iron ore as Australia’s biggest export earner this year.
Despite the available profits in the sector – Newcastle exporter Whitehaven’s share price has gone from $4.10 in March to $5.89 this week – institutional investors are increasingly staying away.
Chinese-backed Yancoal – which is listed on the stock exchange – wants a dual listing in Hong Kong, which chairman Baocai Zhang says will help “diversify Yancoal’s investor base”.
As an example of investor reluctance, the Australian Financial Review reported this week that the $67-billion UniSuper fund had added its name to the list of funds that would no longer buy coal shares.
Source: Newcastle Herald
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Thursday, 24 May 18
SUPRAS FIXING AROUND USD 15000 FOR INDO TO CHINA COAL TRIPS - FEARNLEYS
Capesize
Both the physical and the paper market have dropped sharply the last couple of days on the back of a lack of fresh cargoes and a growing ...
Thursday, 24 May 18
FITCH: FALLING COAL INVESTMENT TO SUPPORT ASIAN PRICES
Press Release: The long-term outlook for the Asian thermal coal prices is improving, amid rising regional demand and falling mining investment, whi ...
Thursday, 24 May 18
BEIJING ORDERS UTILITIES, MINERS TO HELP COOL RED-HOT COAL MARKET: SOURCES - REUTERS
China’s state planner ordered utilities this week to stop stockpiling thermal coal and told miners to slash prices, two sources familiar with ...
Wednesday, 23 May 18
TANKER MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 32k dwt and younger than 18 years old. ...
Friday, 18 May 18
AFTER COAL, INDONESIAN GOVERNMENT PUSHES DMO ON GAS FOR ELECTRICITY
After introducing its domestic market obligation (DMO) policy for coal on March 12, the government is going forward with its plan to introduce a DM ...
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Showing 1716 to 1720 news of total 6871 |
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- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- New Zealand Coal & Carbon
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- ICICI Bank Limited - India
- Toyota Tsusho Corporation, Japan
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- White Energy Company Limited
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
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