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Friday, 03 August 18
PHEW! ASIA, EUROPE HEATWAVE PUSHES AUSTRALIA COAL PRICES TO 6-YEAR HIGH: REUTERS
 Australian thermal coal prices have hit fresh six-year highs as a heatwave across the northern hemisphere has triggered a spike in demand for coal-fired power to help keep air conditioners cranking out cool blasts.
Spot thermal coal cargo prices from Australia’s Newcastle terminal last settled at $121.75 per tonne, their highest since February 2012 and up by a third from their 2018 low, set in April.
“Extreme heat in Asia and Europe is pushing power demand for industrial and also residential cooling above what’s normal for this time of the year,” said one utility trader, declining to be named as he was not authorised to talk about commercial matters.
“Coal has reacted stronger than natural gas because more spare coal capacity has been activated,” he said.
Temperatures in key coal-consuming regions of North Asia and Europe hit records in July and the heat that has continued into August is set to persist, meteorological services said.
Weather analyst Ed Whalen said “widespread warmth between 1-4 degrees Celsius above normal was observed across much of South Central, East, and Northeast China over the past seven days”. Hot weather would this week “dominate most of China once again,” he added.
In Japan, the unusual heatwave last week pushed temperatures in Tokyo above 41 degrees Celsius.
Beyond maximising coal-burning, Japanese utilities have cranked up old oil-fired power stations to cope with the spike in power demand, which has also sent the country’s wholesale electricity prices to record highs.
Extreme heat has also gripped large parts of Europe, with temperatures in Spain and Portugal exceeding 40 degrees Celsius and even Scandinavia seeing temperatures of more than 30 degrees.
The hot weather has also pushed up river temperatures across the region, forcing several nuclear power stations that use the waters for reactor cooling to reduce output.
European utilities, especially in Germany, have turned to coal-fired power stations to fill some of that gap, generation data in Thomson Reuters Eikon showed.
Germany and Europe are not major buyers of Australian coal, but their increased demand is still being felt as a ripple effect amid a globally tighter coal market, traders said.
Overall, thermal coal prices have this year have outperformed other fossil fuels like crude oil and liquefied natural gas, as the strong demand comes amid stagnant output while availablility in oil and gas has been rising.
Source: Reuters
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Tuesday, 10 July 18
SHIPPING MARKET ANALYSIS - GEORGE LAZARIDIS
The trade dispute saga continued over the past week, as new tariffs were put into force on Friday in both the U.S. and China and have already taken ...
Tuesday, 10 July 18
SUPPORTING SULPHUR 2020 CONSISTENT IMPLEMENTATION - IMO
An IMO working group is meeting (9-13 July) to develop guidelines to support the consistent implementation of the 0.50% limit for the sulphur conte ...
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 increas ...
Saturday, 07 July 18
SUPRAMAX: THE ASIAN MARKET STRUGGLED; A 57K-DWT WAS REPORTED FIXED BASIS DELIVERY SINGAPORE FOR A TRIP VIA INDONESIA REDELIVERY INDIA AT $12K
Capesize
A punchy week for the big ships that saw Atlantic rates soar, with the tonnage list tight prompting charterers to split cargoes, thoug ...
Friday, 06 July 18
COAL PRICES HAVE REMAINED STRONG BUT ARE SET TO DECLINE - NAB
Coal spot prices have been highly volatile in recent years, with an upward trend since recent lows in April 2018, National Australia Bank says in i ...
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Showing 1671 to 1675 news of total 6871 |
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- Ceylon Electricity Board - Sri Lanka
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- PTC India Limited - India
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Chamber of Mines of South Africa
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Marubeni Corporation - India
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Directorate General of MIneral and Coal - Indonesia
- Attock Cement Pakistan Limited
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
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