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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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Monday, 02 November 20
PHILIPPINES GOVERNMENT SAYS NO TO NEW COAL PLANT PROPOSALS - IEEFA | 24 PILIPINAS
The Duterte administration will no longer accept proposals to construct new coal power plants, a dramatic shift in energy policy that counts on dec ...
Sunday, 01 November 20
GRADUAL RECOVERY FOR INDONESIAN COAL FROM 4Q20; RISKS REMAIN - FITCH RATINGS
Fitch Ratings expects the credit metrics of Indonesian coal miners and coal contractors to improve from 4Q20 with the recovery in volumes and price ...
Wednesday, 28 October 20
BIODIESEL - NEW FUELS, NEW CHALLENGES - GARD | DNV GL
KNOWLEDGE TO ELEVATE
One of numerous possible ways to comply with the IMO’s strategy on the reduction of greenhouse gas (GHG) emissions ...
Wednesday, 28 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.35 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.94 points Monday, up 0.35 percent week on week.
The index, released by China ...
Wednesday, 28 October 20
MARKET INSIGHT - INTERMODAL
The global strive towards eco-friendliness and environmental sustainability in the shipping industry is mounting. There are currently almost 200 co ...
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- Bhatia International Limited - India
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- New Zealand Coal & Carbon
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Mjunction Services Limited - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- MS Steel International - UAE
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Power Finance Corporation Ltd., India
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Medco Energi Mining Internasional
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