COALspot.com keeps you connected across the coal world
  • OCTOBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$ 161.63 A TON
  • OCTOBER 2021 HBA FOR EXPORTS INCREASED BY $11.60 MOM, $85.79 YTM AND $110.63 YOY

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
Sunday, 11 July 21
ROBUST CHINA COAL DEMAND AMID AUSTRALIA IMPORT BAN FUELS PRICE RALLY - REUTERS
Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and liquefied natural gas (LNG), but enjoying strong gains amid rising demand.
 
Both thermal coal, used in power plants, and coking coal, used to make steel, have rallied strongly in recent months. And in both cases the driver has largely been China, the world’s biggest producer, importer and consumer of the fuel.
 
There are two elements to China’s influence on seaborne coal markets in Asia; robust demand as the Chinese economy rebounds from the coronavirus pandemic; and Beijing’s policy choice to ban imports from Australia.
 
Both elements are reflected in the prices, with lower-quality thermal coal from Indonesia being the biggest beneficiary.
 
The weekly index for Indonesian coal with an energy value of 4,200 kilocalories per kilogram (kcal/kg), as assessed by commodity price reporting agency Argus, has surged nearly three-quarters from its 2021 low of $36.81 a tonne to $63.98 in the week to July 2.
 
There is a demand-pull element helping to boost prices of Indonesian coal, with data from commodity analysts Kpler showing China imported 18.36 million tonnes from the world’s largest shipper of thermal coal in June.
 
This was the second-biggest monthly volume China has imported from Indonesia according to Kpler records going back to January 2017, eclipsed only by last December’s 25.64 million tonnes.
 
Refinitiv, which like Kpler tracks vessel movements, has China’s imports from Indonesia somewhat lower in June at 14.96 million tonnes. But the two services agree that this was the second-highest month on record, with Refinitiv data going back to January 2015.
 
Both agree that China’s imports from Australia have dwindled to near zero from levels around 7-8 million tonnes per month that prevailed up until Beijing’s unofficial ban was imposed in the middle of last year.
 
China’s total coal imports from all countries in June were 31.55 million tonnes, according to Kpler, and 25.21 million according to Refinitiv.
 
AUSTRALIA REBOUND
 
But while Australia, the second-biggest exporter of thermal coal and the biggest of coking coal, may have lost the China market, it has been able to find alternatives and the price of its coals have also been rising strongly.
 
Benchmark high-grade thermal coal with an energy value of 6,000 kcal/kg at the port of Newcastle ended last week at $135.63 a tonne, the highest in 10 years, and up by more than half in just the past two months.
 
This grade of coal is mainly bought by Japan, South Korea and Taiwan, which rank behind China and India as Asia’s top importers of coal.
 
Those three countries imported 14.77 million tonnes of all types of coal from Australia in June, according to Kpler, down from May’s 17.05 million, but up strongly from 12.46 million in June 2020.
 
But the real saviour for Australian coal has been India, which imported a record 7.52 million tonnes of all grades in June, up from 6.61 million in May and just 2.04 million in June 2020.
 
India tends to buy intermediate grade thermal coal from Australia, which sells at a substantial discount to the 6,000 kcal/kg fuel.
 
Argus assessed 5,500 kcal/kg coal at Newcastle at $78.29 a tonne on July 2. While this grade has doubled from its 2020 lows, it is still some 42% cheaper than the higher-quality fuel popular with North Asian buyers.
 
Australia’s coal export volumes have largely recovered from the initial hit caused by the China ban and the loss of demand from the coronavirus pandemic. Kpler assessed June shipments at 31.37 million tonnes of all grades, up from 28.74 million in May and the 27.13 million from November, which was the weakest month in 2020.
 
Overall, it’s clear China’s stamp is all over the current rally in coal prices: its strong demand is boosting Indonesian coal, and its ban on imports from Australia is forcing a re-alignment of trade flows in Asia.
Source: Reuters


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

Recent News

Friday, 08 October 21
SEPTEMBER CRUDE OIL TANKER DEMOLISHING HITS 39-MONTHS HIGH AT 1.9M DWT - PETER SAND
Has the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answ ...


Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
Steel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry e ...


Wednesday, 06 October 21
INDONESIA COAL PRICE REFERENCE: ANOTHER MONTH, ANOTHER RALLY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second and third quarters of 2021 as it reached a pinnacle of $161.63 Oc ...


Wednesday, 06 October 21
EUROPEAN COAL FUTURES CLIMB TO 13-YEAR PEAK - REUTERS
European coal futures rose to a 13-year high and physical thermal coal prices were at record highs as rallying gas prices and strong Asian demand f ...


Tuesday, 05 October 21
CAPESIZE MARKET WAS IN A STEEP CLIMB FOR MOST OF THIS WEEK - BALTIC EXCHANGE
Capesize The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regather ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6427
News by Category
Popular News
 
Total Members : 27,597
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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