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
Thursday, 21 January 21
CHINA'S SPOT THERMAL COAL PRICES REFRESH RECORD HIGH - MYSTEEL
Despite the moderate rebound in temperatures across most regions of China after late December’s deep-freeze, thermal coal prices in the country’s spot market have touched a new high this week from the combination of continued tight coal supplies and roaring energy demand.
 
As of January 19, Mysteel’s price assessment for 5,500 kcal/kg Shanxi blend thermal coal had soared by another Yuan 110/tonne ($17/t) on week to $1,045/t at Qinhuangdao port in North China’s Hebei province, the highest since Mysteel launched the data series in December 2008. The price increase had accelerated since last month when cold waves started to hit the country.
 
Over 80% of steaming coal demand from Chinese end-users is supplied under medium- or long-term contracts and currently priced at around Yuan 540-550/t. The balance is sourced via the spot market, Mysteel Global understands.
 
“I never expected that spot coal prices would rise above the Yuan 1,000/t level,” commented a trader in Shanghai.
 
Although electricity demand for household use has eased slightly of late as daytime temperatures have warmed, the country is still stuck in a tough period for coal supply that may last until the end of January, commented an industry source in North China.
 
“There are many vessels at ports in Bohai Bay in North China awaiting coal loading. They will need to wait for one or two more weeks before they can depart to eastern or southern China, as now the port stocks are low,” he explained. Ports in Bohai, including Jingtang, Qinhuangdao and Huanghua in North China, are China’s core conduit for coal transhipment from coal mining regions in North and Northwest China to end-users in East and South China, Mysteel Global noted.
 
The resurgence of the COVID-19 pandemic in North China’s Hebei close to Bohai Bay is posing another challenge for steady coal supply. Local coal deliveries have been affected by virus containment measures including truck transportation regulations, he noted, adding that the spot coal price will likely keep climbing to above Yuan 1,100/t.
 
For example, Yulin city in Northwest China – a key region for thermal coal mining in the country – has ordered all truck drivers to provide negative results for COVID-19 tests taken within three days of the trucks arriving in the city for coal loading. Also, truck drivers from regions regarded by the authorities as high- and medium-risk areas for the pandemic must undergo a 14-day quarantine period, according to a government release on January 18.
 
As of 0:00 January 19, four regions had been temporarily identified as being at high risk from the pandemic, among which are Shijiazhuang city and Xingtai city in Hebei province. The number of medium-risk areas totalled 60 as of Tuesday, among which 36 are in Hebei, according to official information.
 
Meanwhile, the low temperatures in North China have also adversely impacted coal unloading from rail wagons to ports, said a Shanghai-based market watcher. “The whole logistics cycle for coal transportation – via wagons to ports, unloading and then wagons returning to mining regions to be loaded again – has been extended,” he said. “Due to the low temperatures, coal readily freezes to the wagons so these days additional manual force is needed to remove all coal from trains,” he explained.
 
Central and local government authorities have noted the sustained supply tightness of coal and have been adopting measures to secure the country’s energy supply, Mysteel Global notes.
 
For example, China’s National Development and Reform Committee (NDRC) noted in a conference on January 13 that domestic coal miners and gas field workers must be encouraged to work to the fullest extent possible without jeopardising safety. Also, the country’s electricity generators are to be prepared for high power-consumption loads, according to an NDRC release on January 15.
 
China’s Customs has also shortened the clearance period for imported coal to ease domestic supply pressure. During last December alone, the country’s thermal coal imports surged by 27.3 million tonnes on month to 39.1 million tonnes, according to the Customs data, making for the fastest on-month increase on record. Domestic bookings for thermal coal from Indonesia, China’s largest source of steaming coal imports, remained firm in January, while the country’s Australian coal procurement remained in a lull, Mysteel Global understands.
Source: Mysteel


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 ...

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