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Saturday, 06 March 21
AUSTRALIAN COAL: SOME WEAKNESS COULD MATERIALIZE AFTER THE WINTER - ING
 Newcastle coal prices remain well supported for now, however as we move out of the winter months we would expect prices to come under pressure. Meanwhile, domestic thermal coal prices in China have fallen, and so these weaker prices should weigh on the seaborne market, says ING.
According to ING, Newcastle coal will average US$70/t over 2021, although ING suspects the highs are behind us for the year already, with the much colder weather seen this winter having proved supportive for demand. The key risk for the coal market remains the tensions between China and Australia, and price action will also depend on how this situation develops.
AUD has been impacted more by iron ore prices than by coal prices, and this should continue to be the case moving on. As highlighted above, dynamics in the coal market will be heavily dependent on the China-Australia tensions (China moved to ban Australian coal in 2020). Any developments in the trade relationship between the two countries would likely impact AUD sentiment directly, and only partially through the coal channel, further said ING.
Despite South Africa’s coal rents amounting to approximately 2.4% of GDP (the third highest in the world), coal prices have not had a significant correlation with ZAR recently. This may suggest that only wide moves in coal prices may have a tangible impact on the currency, which is by the way showing some nominal and real undervaluation. ING sees ZAR as one of the most vulnerable EM currencies to rising UST yields given as its fundamentals not show material improvement vs most of its EM peers.
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Friday, 29 January 21
OPEC+, COVID-19 AND ENERGY TRANSITION - 3 THEMES IMPACTING OIL MARKETS AND REFINING IN 2021 - WOOD MACKENZIE
Wood Mackenzie’s latest outlook report shows that the art of balancing oil markets and the refining sector in 2021 hinges upon three key them ...
Thursday, 28 January 21
STRONG CHINESE THERMAL COAL IMPORTS TO BENEFIT INDONESIAN MINERS IN THE NEAR TERM - FITCH RATINGS
China's thermal coal imports are likely to remain strong ahead of the Chinese New Year in mid-February on robust demand, high utilisation at do ...
Thursday, 28 January 21
WIND PROPULSION FOR DRY BULK CARRIERS - OLDENDORFF
Oldendorff Carriers (OC) has signed a Joint Development Project (JDP) with Anemoi Marine Technologies (Anemoi), Lloyd’s Register (LR) and Sha ...
Thursday, 28 January 21
BUMA PRICED A USD400 MILLION 7.75% 5-YEAR SENIOR NOTES
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama priced a USD400 million 5-year (non-callable 2-year)& ...
Wednesday, 27 January 21
MARKET INSIGHT - INTERMODAL
As we have entered the era off renewable energies, all industries globally give max effort to minimize their carbon footprint and consequently thei ...
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- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- The University of Queensland
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- GMR Energy Limited - India
- Central Electricity Authority - India
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Therma Luzon, Inc, Philippines
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- PTC India Limited - India
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Planning Commission, India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Mercuria Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Baramulti Group, Indonesia
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Miang Besar Coal Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
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