COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
Wednesday, 08 September 21
FITCH RATINGS RAISES THERMAL COAL PRICE ASSUMPTIONS ON TIGHT SUPPLY
Fitch RatingsFitch Ratings has increased all its Qinhuangdao 5,500kcal/kg price assumptions and short- and medium-term Newcastle 6,000kcal/kg price assumptions due to thermal coal supply constraints in China.
 
Chinese regulations further tightening the mine safety requirements implemented earlier this year have reduced thermal coal production in the country despite strong demand driven by the economic recovery. Thermal power generation increased in China in January to July by 13.2% yoy, while non-power coal consumption increased by 7.7% yoy, causing rapid increases in coal prices. Coal inventories have been declining, even though import volumes increased in June and July.
 
The government has launched some mitigating actions, including re-opening open-pit mines capable of producing 67 million tonnes of coal per year, approving new production capacities and requesting mines increase production volumes. These measures, and seasonally weaker demand in September and October, should help moderate prices from the current high levels; however, we expect average domestic prices for 2021 to be higher than in our previous price deck.
 
Our increased price assumptions for the Chinese benchmark in 2022 and thereafter reflect structurally tighter supply, lower incentives to invest in new coal mines and an emerging trend of local governments and mining companies closing older coal mines in order to meet carbon-reduction targets. Furthermore, the central government has demonstrated its tolerance of high coal prices, while local governments in coal-producing regions are motivated to keep supply relatively tight.
 
The stronger domestic prices in China have also affected seaborne prices, despite China’s ban on coal imports from Australia. Trade flows have adjusted as a result, with China now importing more coal from Russia, Indonesia and other countries, with Australia now exporting more to India and Korea. We therefore have increased our 2021–2023 Newcastle 6,000kcal/kg assumptions. We have kept longer-term price assumptions for the Australian benchmark unchanged. We anticipate that pressures to reduce coal power generation in many key markets consuming Australian coal will eventually lessen coal demand and help normalise the seaborne prices.


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

Recent News

Thursday, 26 August 21
INDIA IMPORTED 17.06 MLN TONNES OF LPG IN 2020; UP 11.5% Y-O-Y
Global LPG trade remained fairly positive in 2020, despite the global economic impact from COVID-19, and surged strongly in the first half of 2021. ...


Thursday, 26 August 21
MARKET INSIGHT - INTERMODAL
24th of August 2021, the Baltic Dry Index reached 4,201, a YTD high and the highest since May 2010. Cape 5TC daily average @ 51,472 ...


Tuesday, 24 August 21
COAL PRICE RALLY TO PRESSURE CHINESE POWER GENCOS’ MARGINS FITCH RATINGS
Fitch Ratings expects the pressure on Chinese power generation companies’ (gencos) profit from the recent coal price surge to weaken their cr ...


Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says i ...


Monday, 23 August 21
CHINESE COAL PRODUCTION RISES 4.9 PCT IN 1ST 7 MONTHS OF 2021 - NBS
Official figures demonstrated that the Chinese raw coal production surged 4.9 percent annually to 2.26 billion tonnes in the January-July period of ...


   98 99 100 101 102   
Showing 496 to 500 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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