COALspot.com keeps you connected across the coal world
  • JUNE 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 100.33 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
Saturday, 01 August 20
SHIP SHAPE - OUCH: FIS
/FIS logoThursday afternoon saw a report that US GDP in Q2 shrank by 32.9%. Now this may have beaten expectations, but it’s a bit like saying that you didn’t come last in the 38,000-person London Marathon, you came second last. That kind of incredible fall is the reason for the huge drops in demand for commodities and transport around the world. If you add that to German GDP data which reported a fall of 10.1% and lower growth rate than China at 3.2%, it does not make pretty reading.
 
The markets, of course, did not react particularly enthusiastically to the release of this news, adding further concern to the increasingly bleak world economic picture of a growing resurgence in the virus. European and American stock markets both fell – at the time of writing the FTSE 100 was off nearly 3% and the Dow Jones nearly 2% – with crude markets also selling off in the afternoon session.
 
If the apprehension of the hard facts from lockdowns across the world isn’t your thing, it’s probably best not to look at any of the news pages. Worldwide virus cases now stand at 17 million with over 660,000 deaths. Infection rates are spiking in some US states and South America is still struggling to contain the first wave of the virus. Things are looking so bad in the United States that is has prompted the President to suggest that November’s election should be postponed. If this says more about the situation in the US or more about the incumbent’s poll ratings is up for debate, but it is adding even more uncertainty to an out of control outbreak.
 
But don’t let that cheer you up too much. Whenever you are feeling down, just think about the iron ore market. Prices are still holding strong above the $100 mark with hopes of further Chinese government stimulus. Beijing is aiming to issue special local government bonds by the end of October as a stimulus for renewed infrastructure projects. Brazil is really doing its best – and largely succeeding – in increasing ore production, with hopes still alive for Vale to make its ambitious production target.
 
The dry freight markets may have received a bit of a hammering after their rise above the $30,000 per day, but late this week it has seen a bit of a resurgence on the Capes from around $16,500 back upwards towards the $20,000 level with people getting in fixtures before Friday’s Singapore holiday.
 
Oil markets had been plodding along in the $43 to $45 bracket for some time now, but that has shunted lower into a $42-44 range. Producers of gasoil and jet fuel would be particularly downhearted this week, with Thursday alone dealing out gasoil losses of nearly $30 per tonne from high to low. Fuel oil markets were less hard hit with VLSFO falling $17 from London opening Thursday and HSFO down $5, with crude down 1.2%. As has been noted several times, the airline industry’s slow comeback and the oversupply of products in the market, coupled with still relatively high refinery utilisation means that there isn’t any place for this product to go. All there is to do is sit and hope for as swift return of demand as possible.
 
As NASA launched its Perseverance rover from Cape Canaveral this week, blasting up into space on its seven-month journey to Mars, here back on earth things have been more of a sullen drop. Perhaps when the rover returns it may need to search for life amongst the markets on Earth. Ever the optimist, there is only really one way to go from here, but ouch, that’s one hell of a hit to the economy and one long journey back to normality.
Source: Freight Investor Services


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

Recent News

Friday, 11 June 21
5 REASONS GLOBAL SHIPPING COSTS WILL CONTINUE TO RISE - ING
No short-term relief Shipping costs have been growing strongly since the autumn of 2020, but the first months of this year have seen a new surg ...


Friday, 11 June 21
ASIA COAL PRICES SURGE, BUT CHINA-AUSTRALIA DISPUTE MEANS RALLY IS UNEVEN - REUTERS
Thermal coal prices across Asia have surged to multi-year highs amid strong demand and some supply constraints, but some types of the fuel have don ...


Thursday, 10 June 21
INDONESIA COAL EARNINGS RECOVERY TO SLOW AFTER STRONG 1Q - FITCH RATINGS
Fitch Ratings expects the recovery in operating and financial performance of Indonesian coal miners and coal contractors to slow during rest of 202 ...


Thursday, 10 June 21
U.S. COAL PRODUCTION TO TOTAL 600 MMST IN 2021, 11% MORE THAN IN 2020 - EIA
EIA expects U.S. coal production to total 600 million short tons (MMst) in 2021, which is 61 MMst (11%) more than in 2020. The increase is dri ...


Wednesday, 09 June 21
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
The In-Person Maritime Event SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021  culminates successfully in Dubai Press Release: ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6321
News by Category
Popular News
 
Total Members : 27,459
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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