COALspot.com keeps you connected across the coal world
  • JANAURY 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 75.84 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Friday, 07 February 20
VIRUS - HIT CHINA MAY NEED MORE IMPORTS OF COAL. NOW COMES THE TRICKY PART - SHIPPING IT THERE: REUTERS
ReutersChina’s domestic coal mines are struggling to ramp up production in the face of the ongoing coronavirus epidemic. That’s a situation that may seem positive for seaborne exporters, but in reality it may be challenging for miners to take advantage.
 
While there may be increased demand for imported coal in China in coming weeks, the problem for major exporters such as Indonesia, Australia and the United States is going to be one of logistics.
 
The coronavirus is starting to have an impact on supply chains and will make it more challenging for shippers to find vessels to go to China. And even if exporters do get their goods to Chinese ports, they will likely face headaches in unloading cargoes and transporting them from docks to end-users.
 
By Thursday, the country’s health authority said, the death toll from the coronavirus outbreak that started in the Chinese city of Wuhan had reached 563, with more than 28,000 others infected.
 
While the fatalities and infections draw headlines, the impact of the virus is starting to cascade through China’s economy – as well as businesses in countries that trade heavily with the world’s largest consumer of commodities.
 
The challenge of shipping coal to China was illustrated by the Australian government’s decision to impose a 14-day quarantine on vessels leaving mainland China after Feb. 1.
 
This means such vessels will face delays upon reaching Australian ports, as the sailing time between China and both the east and west coasts of Australia is generally less than 14 days.
 
Vessel queues outside Australian coal ports are already lengthening. Argus Media reported on Feb. 4 that the number of ships waiting outside Newcastle, the world’s largest coal export harbour, was at an 18-month high of 20 vessels.
 
There are some other factors that may be contributing to longer vessel waiting times, such as weather and port and rail maintenance, but the overall trend is clear: Shipments to, as well as from, China are becoming more complicated to arrange.
 
FREIGHT RATES PLUNGE
One thing that is working in exporters’ favour is a sharp decline in shipping rates. The rate to ship coal from Newcastle to China dropped to $5.87 a tonne on Wednesday, the lowest in almost four years and about a third of the $16.49 peak reached in September last year.
 
At these freight prices, shipping companies will be losing money on every voyage, while they are also facing higher costs from the mandatory switch to cleaner fuels that kicked in last month as part of a change in global shipping regulations known as IMO2020.
 
While the cost of shipping may be depressed, the main challenge will be securing vessels with owners prepared to send them to China.
 
Certainly, Asian seaborne coal prices have yet to show any meaningful spike from China’s domestic coal woes.
 
The price of 6,000 kilocalorie per kilogram (kcal/kg) coal at Newcastle, as assessed by brokers Tullett Prebon climbed to $69.35 a tonne on Thursday, up from a recent low of $66.30 on Feb. 3, but still below the high so far this year of $72 on Jan. 13.
 
The price of lower-quality 4,200 kcal/kg coal from Indonesia has fared better, with the weekly Argus index rising to a six-month high of $35.48 a tonne in the week ended Jan. 31.
 
The rise in the Indonesian coal price follows similar gains in domestic prices in China, with thermal coal at Qinhuangdao, as assessed by SteelHome ending at 563 yuan ($80.66) on Wednesday, down slightly from 564 yuan on Feb. 4, which was the highest in three months.
 
The coal market appears to be reacting with caution to the coronavirus, with still considerable uncertainty over how much domestic output has been lost, what transport bottlenecks exist currently in China and whether more imported coal will be needed. Even if it is, can it get there efficiently?
 
What is becoming clearer is that the efforts to contain the virus by limiting economic activity in China is going to have multiple flow-on effects through commodity supply chains.
Source: Reuters


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 07 January 21
FITCH FORECASTS DOUBLING IN ASIAN WIND, SOLAR CAPACITY BY 2029, TOPPING 1,500GW
Despite some near-term delays due to the Covid-19 pandemic, solar power and offshore wind will drive steep growth in non-hydro renewables in Asia, ...


Wednesday, 06 January 21
INDONESIA EXCEEDS COAL PRODUCTION TARGET IN 2020
Indonesian coal production reached 557.54 Million Tons in 2020 1.37% higher than of last year’s total target of 550.00 Million Tons, accordin ...


Wednesday, 06 January 21
CHINESE CITIES REPORTEDLY GO DARK AS COUNTRY FACES SHORTAGE OF COAL, A MAJOR AUSTRALIAN EXPORT - CNBC
Several major Chinese cities have reportedly gone dark as authorities limit power usage, citing a shortage of coal.   Analysts said pr ...


Tuesday, 05 January 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP - XINHUA
China Taiyuan coal transaction price index stood at 136 points Monday, up 0.91 percent week on week.   The index, released by China Ta ...


Tuesday, 05 January 21
THE INDONESIA COAL PRICE REFERENCE SOARS TO HIGHEST ONE-MONTH INCREASE SINCE DECEMBER 2016
COALspot.com: The Indonesia coal price reference for January 2021 settles above $75 for the first time since July 2019 and to highest one-month inc ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6204
News by Category
Popular News
 
Total Members : 27,251
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • GB Group - China
  • Intertek Mineral Services - Indonesia
  • McKinsey & Co - India
  • Leighton Contractors Pty Ltd - Australia
  • World Bank
  • Gujarat Mineral Development Corp Ltd - India
  • Merrill Lynch Bank
  • Petron Corporation, Philippines
  • Independent Power Producers Association of India
  • Runge Indonesia
  • Videocon Industries ltd - India
  • GAC Shipping (India) Pvt Ltd
  • JPMorgan - India
  • Riau Bara Harum - Indonesia
  • Energy Development Corp, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Bharathi Cement Corporation - India
  • Standard Chartered Bank - UAE
  • Ernst & Young Pvt. Ltd.
  • Malabar Cements Ltd - India
  • Romanian Commodities Exchange
  • bp singapore
  • RBS Sempra - UK
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Maharashtra Electricity Regulatory Commission - India
  • Indonesia Power. PT
  • Savvy Resources Ltd - HongKong
  • Tamil Nadu electricity Board
  • SUEK AG - Indonesia
  • Eastern Energy - Thailand
  • SN Aboitiz Power Inc, Philippines
  • Star Paper Mills Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Therma Luzon, Inc, Philippines
  • GHCL Limited - India
  • Meenaskhi Energy Private Limited - India
  • Uttam Galva Steels Limited - India
  • Thailand Anthracite
  • Malco - India
  • Coalindo Energy - Indonesia
  • Credit Suisse - India
  • Bukit Makmur.PT - Indonesia
  • Ince & co LLP
  • Mercator Lines Limited - India
  • Binh Thuan Hamico - Vietnam
  • Carbofer General Trading SA - India
  • APGENCO India
  • Arutmin Indonesia
  • VISA Power Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Britmindo - Indonesia
  • South Luzon Thermal Energy Corporation
  • Borneo Indobara - Indonesia
  • Georgia Ports Authority, United States
  • Jaiprakash Power Ventures ltd
  • Larsen & Toubro Limited - India
  • Clarksons - UK
  • Kaltim Prima Coal - Indonesia
  • TeaM Sual Corporation - Philippines
  • WorleyParsons
  • Coaltrans Conferences
  • EIA - United States
  • SRK Consulting
  • Japan Coal Energy Center
  • Karbindo Abesyapradhi - Indoneisa
  • Central Electricity Authority - India
  • Price Waterhouse Coopers - Russia
  • Sakthi Sugars Limited - India
  • Tanito Harum - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Idemitsu - Japan
  • Lafarge - France
  • The Treasury - Australian Government
  • Global Business Power Corporation, Philippines
  • NTPC Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Tata Chemicals Ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • Sindya Power Generating Company Private Ltd
  • Cardiff University - UK
  • KEPCO - South Korea
  • Gujarat Electricity Regulatory Commission - India
  • Gujarat Sidhee Cement - India
  • Platts
  • Timah Investasi Mineral - Indoneisa
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Grasim Industreis Ltd - India
  • Aboitiz Power Corporation - Philippines
  • Gupta Coal India Ltd
  • KOWEPO - South Korea
  • Economic Council, Georgia
  • Wood Mackenzie - Singapore
  • Siam City Cement - Thailand
  • Baramulti Group, Indonesia
  • Heidelberg Cement - Germany
  • Bhushan Steel Limited - India
  • Meralco Power Generation, Philippines
  • Oldendorff Carriers - Singapore
  • Cement Manufacturers Association - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Attock Cement Pakistan Limited
  • Antam Resourcindo - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • GMR Energy Limited - India
  • Africa Commodities Group - South Africa
  • PetroVietnam Power Coal Import and Supply Company
  • Formosa Plastics Group - Taiwan
  • Dalmia Cement Bharat India
  • ING Bank NV - Singapore
  • Barasentosa Lestari - Indonesia
  • Mintek Dendrill Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Jatenergy - Australia
  • TNPL - India
  • Straits Asia Resources Limited - Singapore
  • Chamber of Mines of South Africa
  • Petrochimia International Co. Ltd.- Taiwan
  • ICICI Bank Limited - India
  • Mitra SK Pvt Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Parry Sugars Refinery, India
  • Bhatia International Limited - India
  • Wilmar Investment Holdings
  • IOL Indonesia
  • globalCOAL - UK
  • Orica Australia Pty. Ltd.
  • White Energy Company Limited
  • Thai Mozambique Logistica
  • Global Coal Blending Company Limited - Australia
  • BNP Paribas - Singapore
  • ASAPP Information Group - India
  • Freeport Indonesia
  • Cebu Energy, Philippines
  • Thriveni
  • Enel Italy
  • Fearnleys - India
  • Sojitz Corporation - Japan
  • Renaissance Capital - South Africa
  • Thermax Limited - India
  • Jindal Steel & Power Ltd - India
  • CNBM International Corporation - China
  • Mjunction Services Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Sucofindo - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Manunggal Multi Energi - Indonesia
  • Deutsche Bank - India
  • Metalloyd Limited - United Kingdom
  • Central Java Power - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Coeclerici Indonesia
  • PetroVietnam
  • IEA Clean Coal Centre - UK
  • Trasteel International SA, Italy
  • Total Coal South Africa
  • Thomson Reuters GRC
  • Indian School of Mines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Vitol - Bahrain
  • Coastal Gujarat Power Limited - India
  • Edison Trading Spa - Italy
  • Cemex - Philippines
  • Singapore Mercantile Exchange
  • Krishnapatnam Port Company Ltd. - India
  • Xindia Steels Limited - India
  • Indian Oil Corporation Limited
  • Posco Energy - South Korea
  • Kalimantan Lumbung Energi - Indonesia
  • Mitsui
  • CIMB Investment Bank - Malaysia
  • Qatrana Cement - Jordan
  • CCIC - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Bank of China, Malaysia
  • LBH Netherlands Bv - Netherlands
  • Deloitte Consulting - India
  • Barclays Capital - USA
  • Altura Mining Limited, Indonesia
  • TGV SRAAC LIMITED, India
  • UBS Singapore
  • Simpson Spence & Young - Indonesia
  • Argus Media - Singapore
  • Bahari Cakrawala Sebuku - Indonesia
  • Adani Power Ltd - India
  • Merrill Lynch Commodities Europe
  • The India Cements Ltd
  • Chettinad Cement Corporation Ltd - India
  • GNFC Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • Coal and Oil Company - UAE
  • London Commodity Brokers - England
  • Coal India Limited
  • Petrosea - Indonesia
  • Power Finance Corporation Ltd., India
  • GVK Power & Infra Limited - India
  • BRS Brokers - Singapore
  • Bulk Trading Sa - Switzerland
  • Pipit Mutiara Jaya. PT, Indonesia
  • Indorama - Singapore
  • Coal Orbis AG
  • GN Power Mariveles Coal Plant, Philippines
  • UOB Asia (HK) Ltd
  • Latin American Coal - Colombia
  • Bukit Baiduri Energy - Indonesia
  • Ind-Barath Power Infra Limited - India
  • McConnell Dowell - Australia
  • Pendopo Energi Batubara - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • ANZ Bank - Australia
  • Minerals Council of Australia
  • Toyota Tsusho Corporation, Japan
  • Thiess Contractors Indonesia
  • The State Trading Corporation of India Ltd
  • MS Steel International - UAE
  • Medco Energi Mining Internasional
  • Ministry of Finance - Indonesia
  • Humpuss - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Berau Coal - Indonesia
  • Xstrata Coal
  • PTC India Limited - India
  • Kumho Petrochemical, South Korea
  • Inco-Indonesia
  • Kobe Steel Ltd - Japan
  • Vizag Seaport Private Limited - India
  • Gresik Semen - Indonesia
  • Vedanta Resources Plc - India
  • Planning Commission, India
  • Reliance Power - India
  • Bhoruka Overseas - Indonesia
  • Eastern Coal Council - USA
  • MEC Coal - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Semirara Mining Corp, Philippines
  • Orica Mining Services - Indonesia
  • DBS Bank - Singapore
  • Adaro Indonesia
  • SASOL - South Africa
  • PLN Batubara - Indonesia
  • Karaikal Port Pvt Ltd - India
  • NALCO India
  • KPCL - India
  • San Jose City I Power Corp, Philippines
  • TANGEDCO India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • KPMG - USA
  • Inspectorate - India
  • Bayan Resources Tbk. - Indonesia
  • Permata Bank - Indonesia
  • U S Energy Resources
  • Makarim & Taira - Indonesia
  • Bangkok Bank PCL
  • ACC Limited - India
  • Vijayanagar Sugar Pvt Ltd - India
  • Tata Power - India
  • Surastha Cement
  • Electricity Generating Authority of Thailand
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • CESC Limited - India
  • Lanco Infratech Ltd - India
  • Maruti Cements - India
  • Peabody Energy - USA
  • Ministry of Mines - Canada
  • Maersk Broker
  • Siam City Cement PLC, Thailand
  • Goldman Sachs - Singapore
  • Russian Coal LLC
  • Australian Coal Association
  • Salva Resources Pvt Ltd - India
  • Arch Coal - USA
  • Iligan Light & Power Inc, Philippines
  • Mercuria Energy - Indonesia
  • HSBC - Hong Kong
  • Port Waratah Coal Services - Australia
  • Pinang Coal Indonesia
  • Rudhra Energy - India
  • Indo Tambangraya Megah - Indonesia
  • Shenhua Group - China
  • OCBC - Singapore
  • Noble Europe Ltd - UK
  • Kepco SPC Power Corporation, Philippines
  • Mechel - Russia
  • Indika Energy - Indonesia
  • Maybank - Singapore
  • Samsung - South Korea
  • Vale Mozambique
  • Samtan Co., Ltd - South Korea
  • Kobexindo Tractors - Indoneisa
  • Shree Cement - India
  • India Bulls Power Limited - India
  • IBC Asia (S) Pte Ltd
  • J M Baxi & Co - India
  • Commonwealth Bank - Australia
  • Madhucon Powers Ltd - India
  • EMO - The Netherlands
  • Bangladesh Power Developement Board
  • Sical Logistics Limited - India
  • Asia Cement - Taiwan
  • Moodys - Singapore
  • Glencore India Pvt. Ltd
  • Bank of America
  • Aditya Birla Group - India
  • TRAFIGURA, South Korea
  • Kartika Selabumi Mining - Indonesia
  • Australian Commodity Traders Exchange
  • Asian Development Bank
  • Platou - Singapore
  • Geoservices-GeoAssay Lab
  • ETA - Dubai
  • World Coal - UK
  • Marubeni Corporation - India
  • Ambuja Cements Ltd - India
  • Sarangani Energy Corporation, Philippines
  • Essar Steel Hazira Ltd - India
  • Infraline Energy - India
  • Ceylon Electricity Board - Sri Lanka
  • PNOC Exploration Corporation - Philippines
  • Parliament of New Zealand
  • Alfred C Toepfer International GmbH - Germany
  • PLN - Indonesia
  • Interocean Group of Companies - India
  • CoalTek, United States
  • New Zealand Coal & Carbon
  • Ministry of Transport, Egypt
  • IMC Shipping - Singapore
  • Indonesian Coal Mining Association
  • Energy Link Ltd, New Zealand
  • SMC Global Power, Philippines
  • Cosco
  • Billiton Holdings Pty Ltd - Australia
  • The University of Queensland
  • JPower - Japan
  • Directorate General of MIneral and Coal - Indonesia
  • Anglo American - United Kingdom
  • Panama Canal Authority
  • Agrawal Coal Company - India
  • Banpu Public Company Limited - Thailand
  • Cargill India Pvt Ltd
  • Rio Tinto Coal - Australia
  • Mitsubishi Corporation
  • Core Mineral Indonesia
  • Indogreen Group - Indonesia
  • PowerSource Philippines DevCo
  • SGS (Thailand) Limited
  • SMG Consultants - Indonesia