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


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

Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...


Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...


Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter. ...


Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.    Earnings generation should slow down as selling pr ...


Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...


   4 5 6 7 8   
Showing 26 to 30 news of total 6503
News by Category
Popular News
 
Total Members : 27,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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