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Tuesday, 18 December 18
COAL OUTLOOK BULLISH DESPITE WEAK CHINESE IMPORT DATA - HEREN, ICIS
 Coal prices may appreciate over the remainder of 2018 even despite recent data showing falling imports from the world’s largest producer and consumer, China.
The European-benchmark Rotterdam coal front year has recovered from a low of around $82.00/tonne in mid-November, reaching above $89.00/tonne on Thursday. Prices previously fell steeply, driven down by oil, a mild start to the winter, and Chinese import restrictions.
Authorities in Beijing wish to support domestic coal miners, but abandoned similar constraints last year when freezing temperatures led to a heating crisis in the north of the country.
As such, the temperature outlook in China is the key driver facing the coal market heading into the peak winter season. Online forecasters on Thursday indicated that mild weather is likely in week 51, but there is some cold-snap potential after.
Closer to home, low wind is bringing coal into the German power mix. ICIS analysts on Thursday forecast wind generation averaging just 12.5GW over the next nine days, compared to 19.8GW across December 2017.
With bullish carbon also supporting power prices, German clean dark spreads have widened to the point where most coal plants are firmly in the money next year. This is incentivising forward power hedging as generators lock in profit margins, a supportive factor for coal prices in Europe.
Momentum indicators signal that coal is in a short-term uptrend under technical analysis models. While the Rotterdam front year is overbought after six straight session-on-session gains, its 200-session moving average should support prices around $89.00/tonne. This may prevent a significant downward correction in coming sessions, enabling further gains after a consolidation period.
ICIS analysts have a bullish outlook for carbon, due to tightening auction volumes in December and next year. This would provide further upward pressure on clean dark spreads and by extension coal in Europe.
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Tuesday, 16 October 18
A PRACTICAL OVERVIEW OF THE IMO 2020 SULPHUR CAP - CLYDE&CO
KNOWLEDGE TO ELEVATE
With less than eighteen months before Regulation 14.1.3 of Annex VI of the MARPOL Convention comes into effect, there are ...
Saturday, 13 October 18
SUPRAMAX: SIGNIFICANT ACTIVITY IN THE INDIAN OCEAN WAS EVIDENT AND RATES JUMPED - BALTIC BRIEFING
Capesize
A sharp reversal of fortunes for the big ships as the week closed after a depressed beginning. To start with drops were sudden, with t ...
Wednesday, 10 October 18
SHIPPING MARKET INSIGHT - ILIAS M. LALAOUNIS
During the end of last month the BHSI was hovering around 630 points, while the last observed sale on a 10-yr old Japanese Handy was the M/V Van Im ...
Monday, 08 October 18
INDONESIAN THERMAL COAL PRICE REFERENCE FELL 3.74% IN OCTOBER 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Monday, 08 October 18
KOMIPO INVITES BIDS FOR 520,000 TONS OF COLOMBIAN ORIGIN OF 5,700 NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 MT of min. 5700 NAR coal of Colombian origin ...
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- Salva Resources Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Australian Coal Association
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- PowerSource Philippines DevCo
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Sical Logistics Limited - India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- White Energy Company Limited
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Business Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Economic Council, Georgia
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Banpu Public Company Limited - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
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