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
Wednesday, 13 January 21
CHINA THERMAL GENCO PROFITS FACE PRESSURE AMID POWER SHORTAGES - FITHCH WIRE
Fitch RatingHigh coal and gas prices will put near-term pressure on margins for thermal power generators in China, says Fitch Ratings. However, the power shortfalls seen recently in parts of the country are unlikely to drive large-scale shifts in investment plans, as the problems reflect weak peak-load flexibility rather than structural power shortages.
 
Total power consumption rose 9.4% yoy in November 2020, according to the China Electricity Council, and peak loads have reached record levels for many regional grids. Demand for power has been supported by robust economic growth, but also by unusually cold conditions that have bolstered demand for heating.
 
A variety of supply factors have also contributed to the power shortages. In areas such as Hunan, renewables contributions, particularly from hydropower, have been weak as a result of weather conditions. Regulatory pressures to curb thermal power carbon dioxide emissions in order to meet targets under the 13th Five Year Plan (ending in 2020) have also played a role in regions like Zhejiang.
 
Coal market dynamics have aggravated the situation. The government’s supply-side reform agenda has sought to improve the underlying stability of domestic coal markets by trimming excess supply, but in the near term this has reduced capacity to meet spikes in demand. Supplies have been dented further by tougher mining permit reviews and safety checks in Inner Mongolia, an important production region, and the impact of cold weather on transport systems and production in northern China.
 
Restrictions on imports of thermal coal from Australia may also have played a role at the margin. Such imports are small relative to total demand, and China has increased coal imports from other producers like Indonesia, but the curbs may have increased the vulnerability of local coal prices to demand spikes.
 
Meanwhile, in some provinces gas-fired power plants have failed to play their usual role in smoothing peak-load adjustments, as gas supplies were prioritised for heating in northern China. Gas-fired power’s contribution to generation has risen in January as additional gas has been sourced for heating, easing supply constraints.
 
There is no fuel-cost pass-through for coal. High energy prices will thus dampen near-term profitability among generating companies (gencos) with greater reliance on coal. This could affect Fitch-rated companies such as China Huaneng Group (A/Stable), China Huadian Corporation (A/Stable), State Power Investment Corporation (A/Stable), Guangdong Energy Group (A/Stable) and Zhejiang Provincial Energy (A/Stable). However, strong demand should raise capacity utilisation and reduce the price discount on market-traded power, offsetting the impact slightly.
 
Upstream producers such as Yanzhou Coal (BB-/Rating Watch Positive) and the three national oil companies should benefit from these same dynamics. However, we still expect coal prices to trend lower in the longer term, as the government remains committed to reducing coal’s share in the national energy mix.
 
The State Council stated on 8 January that development of natural gas and coal storage facilities, and emergency back-up power systems, would be accelerated. We have already budgeted high levels of capex for most power gencos in the medium term, focused mostly on renewable energy, and do not expect to change our forecasts significantly owing to the recent disruption. In addition, we do not expect substantial additional investment in LNG storage, but believe the government will accelerate approvals for new gas storage facilities and slow the phase-out of coal-fired power plants.
 
The government may also encourage provinces with power shortages to make greater use of imports, which could benefit issuers from surplus regions like Gansu Province Electric Power Investment (BBB-/Stable). Inter-provincial ultra-high-voltage distribution lines are available, but have been underutilised during the current situation as the supporting coal-fired power has not been available.


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

Recent News

Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. ...


Friday, 12 February 21
U.S: WIND SURPASSED COAL AS NO. 1 FUEL SOURCE IN 2020 FOR SOUTHWEST POWER POOL - IEEFA
Wind energy growth due to geography, design factors, and new installations   Wind surpassed coal as the primary power generation sourc ...


Wednesday, 10 February 21
FY21 COAL DEMAND MAY BE LOWER THAN PREVIOUSLY ESTIMATED DUE TO COVID-19: PRALHAD JOSHI - PTI
Coal demand in the current fiscal may be lower than the initial estimate of 1,085 million tonnes (MT) due to the impact of COVID-19, Parliament was ...


Wednesday, 10 February 21
MARKET INSIGHT - INTERMODAL
We have just entered February, Chinese New Year holidays are about to start and the SnP market for bulkers is so hot as every seller would dream of ...


Tuesday, 09 February 21
SWITCHING COAL PLANTS TO PLN'S BIOMASS COFIRING PLAN IS NO MAGIC BULLET - IEEFA
Implementation risks for Indonesia PLN's switch from coal to biomass cofiring   PLN’s biomass cofiring plan will require not ...


   1 2 3 4 5   
Showing 6 to 10 news of total 6236
News by Category
Popular News
 
Total Members : 27,308
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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