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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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Tuesday, 29 December 20
CHINA COKING COAL FUTURES RISE FOR THIRD DAY ON SUPPLY WORRIES - REUTERS
Chinese coking coal futures extended gains into a third session on Monday, jumping as much as 6.2% as lower imports, sliding inventories and mines ...
Wednesday, 23 December 20
COKING COAL'S DECLINE LIKELY TO FOLLOW THE PATH OF THERMAL COAL’S PROGRESSIVE DEMISE - IEEFA
Technology disruption the likely theme of global energy markets in 2021
There has been a growing tsunami of climate commitment annou ...
Wednesday, 23 December 20
MARKET INSIGHT - INTERMODAL
As we all know, China forges more steel than the rest of the world combined, and even during this unprecedented pandemic, the nation is set to brea ...
Tuesday, 22 December 20
2021 DRY BULK OUTLOOK - SUPPLY GROWTH - TORVALD KLAVENESS
In the first article in the series we mentioned that dry bulk freight was in a super cycle between 2001 and 2008. The growth in global yard capacit ...
Tuesday, 22 December 20
INDIA'S COAL DEMAND IS SET TO EXPAND DESPITE PLUMMETING IN 2020 - IEA
Coal consumption in India amounted to 979 Mt in 2019, with the largest share being thermal coal (including lignite) for electricity generation (687 ...
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- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Central Java Power - Indonesia
- Economic Council, Georgia
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Global Business Power Corporation, Philippines
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Aditya Birla Group - India
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Australian Coal Association
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Singapore Mercantile Exchange
- Uttam Galva Steels Limited - India
- The University of Queensland
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Medco Energi Mining Internasional
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- Deloitte Consulting - India
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
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