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
Wednesday, 22 September 21
MARKET INSIGHT - INTERMODAL
IntermodalThe unfolding last week of a trilateral defence pact between the United States, Australia, the United Kingdom (AUKUS) envisages a wide range of collaboration, but at its core is an agreement to start consultations to help Australia acquire a fleet of nuclear-propelled submarines. Believe AUKUS is an interesting development in the context of the already intensified geopolitical tensions between Australia and China, which have already led to a shift in trading patterns, particularly as far as dry bulk trade is concerned.
 
In particular, China’s ban on Australian coal since Q42020 has triggered inefficiencies in coal trading, with wide price arbitrages developing between China and the rest of the world for both metallurgical coal used by the steel industry and thermal coal used in power generation. The supply tightness has been more severe on metallurgical coal, the price of which has surged to record high levels, with China scrambling for supplies simulateneously with the rest of the world, steel production of which continues to grow. Australia is the world’s largest met coal exporter (approx. 59.0% of global seaborne met coal exports) and 2nd thermal coal exporter (approx. 22.0% of global seaborne thermal coal exports). China’s coking coal imports from Australia have come down to zero YTD 2021 vs a more than 50% share in imports during the previous two years. Imports from Mongolia so far have failed to meet increased demand amid COVID related supply disruptions and China had to increase its met coal imports share from Russia and the West (particularly the US and Canada), the last traditionally being primariy origins of imports for Europe. On the other hand, Australia coking coal is absorbed by steel mills outside China, as global steel production excl. the latter is up 16.0+% y-o-y (YTD Jan-Jul) and Australia coking coal has turned out cheaper than US coking coal despite the overall price surge. This trade shift has increased ton-miles and dry bulk fleet inefficiencies supporting Atlantic freight rates higher for longer.  
 
In the meantime, China’s policy pledge for emissions cuts seems to be further supporting ton-miles for dry bulk, despite the country’s crude steel production declining y-o-y over the past two months and iron ore price collapsing below $100/ton recently from $230/ton in mid-July. We believe that in the short term, the severe coking coal and coke shortage in China as a result of the above policies is forcing crude steel production to adjust downwards earlier, but is incentivizing purchases of cheaper iron ore particularly from the Atlantic.
 
Till recently, demand for cargoes of crucial raw materials like iron ore and coal have overall jumped this year, outpacing active fleet growth, particularly if congestion is factored in, as economies recover from the pandemic. As new market dynamics develop and shape a new post pandemic landscape, we want to believe that these will become new fundamentals that can continue to propel ultimately demand for seaborne transportation of dry bulk commodities in the long run.

By Christopher Whitty, 
Director, Towage & Marine Port Services
 
Compiled by:
Intermodal Research & Valuations


Analysts:
Yiannis Parganas
Tamara Apostolou

Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
 
The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.


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

Recent News

Saturday, 16 October 21
VIETNAM'S COAL-FIRED POWER MAY DOUBLE BY 2030 UNDER DRAFT ENERGY PLAN - REUTERS
Vietnam may double the amount of coal-fired electric generation it installs by 2030 under a draft power development plan submitted to the prime min ...


Friday, 15 October 21
AUSTRALIA'S WHITEHAVEN EXPECTS TO BE DEBT-FREE NEXT YEAR AS COAL PRICES SOAR - REUTERS
Australia’s Whitehaven Coal WHC.AX said on Thursday it expects to be debt-free by early 2022, as thermal coal prices surge to record highs on ...


Friday, 15 October 21
WINTER CHILL KEEPS CHINA'S COAL PRICES HIGH, POWER CRUNCH STOKES INFLATION - REUTERS
China coal prices held near record highs on Thursday as cold weather swept into the country’s north and power plants stocked up on the fuel t ...


Friday, 15 October 21
GLOBAL STEEL DEMAND GROWTH DOWNGRADED FOR 2021 DUE TO CHINA - WORLD STEEL ASSOCIATION
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that ste ...


Thursday, 14 October 21
SPIKING COAL PRICES: DON’T BLAME THE ENERGY TRANSITION - IEEFA
Volatility highlights urgency for renewables-based energy solutions   “Energy crisis.” The phrase evokes nearly-forgotten ...


   1 2 3 4 5   
Showing 11 to 15 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 ...

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