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Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia.
China is the biggest importer of Australian coal, taking 27% of its metallurgical coal in the year ended June and 20% of its thermal coal. Coal was Australia’s second-largest export last year, behind iron ore, worth A$55 billion ($39.52 billion).
Coking coal on China’s Dalian Commodity Exchange closed 1.5% higher at 1,350 yuan a tonne, after touching a contract-high 1,373 yuan earlier in the session.
Coke futures also jumped 1.5% to 2,102.50 yuan a tonne, rising for a fifth session and hitting a contract-high 2,127.50 yuan.
Coke, the processed form of coking coal, is the primary reducing agent of the steelmaking raw material iron ore.
Australia said it was investigating media reports that China has banned its thermal and metallurgical coal, while playing down a potential sign of escalating trade tensions between the two countries.
Chinese steel mills’ reaction to the news seemed to be somewhat muted as the country’s import quota for Australian coal is “already tight”, analysts at Sinosteel Futures Co Ltd in Beijing said.
China’s coal import restrictions resurface from time to time to stabilise local prices during periods of plentiful domestic supply. There may be “another concerted effort by authorities to support the domestic market”, analysts at ANZ said in a note.
The Australian government expects coking coal purchases by China, the world’s top steel producer, to fall to 67 million tonnes this year, from about 75 million tonnes last year.
“The uncertainty (over China’s coal import policy) still exists,” Sinosteel analysts said in a note.
Iron ore futures slumped after data showed China’s imports of the raw material in September rose 8.2% from the prior month, and 9.3% from a year ago to 108.55 million tonnes.
Dalian iron ore dropped 1.6% while the Singapore Exchange benchmark slumped 2.8% by 0715 GMT.
Construction steel rebar on the Shanghai Futures Exchange dipped 0.3% and hot-rolled coil slipped 0.1%. Stainless steel lost 0.9%.
Source: Reuters
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Wednesday, 25 November 20
MARKET INSIGHT - INTERMODAL
Over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being marketed at an afforda ...
Friday, 20 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Thursday, 19 November 20
MARKET INSIGHT - INTERMODAL
As we are moving towards the end of the year, the overall deal landscape of the dry bulk sector corresponding to the second half of 2020 (up to dat ...
Tuesday, 17 November 20
COAL SQUEEZE INTENSIFIES - BALTIC EXCHANGE
The message from the top is clear: cut out coal. While the regulatory pressure has been evident for some time, the race to banish the black stuff s ...
Tuesday, 17 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.35 PCT - XINHUA
China Taiyuan coal transaction price index stood at 128.72 points Monday, up 0.35 percent week on week.
The index, released by China ...
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- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- VISA Power Limited - India
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Chamber of Mines of South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Attock Cement Pakistan Limited
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Iligan Light & Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Africa Commodities Group - South Africa
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Orica Mining Services - Indonesia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Australian Coal Association
- Indian Oil Corporation Limited
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Indika Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
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