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, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years   In 2020, total consumption of fossil fuels in t ...


Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...


Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and de ...


Tuesday, 13 July 21
JAPAN STILL SEEKING TO EXPLOIT COAL POWER LOOPHOLES - IEEFA
JBIC wants to continue burdening developing nations with its expensive coal-fired power technology Japan is continuing to push its expensive c ...


Sunday, 11 July 21
COAL SHOWS ITS STAYING POWER AS ECONOMIES BOUNCE BACK - THE WALL STREET JOURNAL
Coal use is surging in some of the world’s largest economies as electricity demand rebounds from the pandemic, illustrating the challenges to ...


   103 104 105 106 107   
Showing 521 to 525 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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