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
Thursday, 23 September 21
RECORD-HIGH GAS PRICES AFFECT MANY EUROPEAN CORPORATE SECTORS - FITCH RATINGS
Fitch RatingsRecord-high natural gas prices are putting pressure on supply chains of many European corporate sectors, including non-integrated energy suppliers, fertiliser producers and consumer goods companies, Fitch Ratings says. Smaller companies in these industries are under the most pressure, while larger and more diversified issuers rated by Fitch are better positioned to mitigate the impact. Gas prices could remain high until the end of the winter heating season, given low levels of natural gas in European storage facilities. However, we expect prices to moderate once seasonal demand reduces.
 
High gas prices and working capital fluctuations have already caused several non-integrated UK gas suppliers (not rated by Fitch) to ask for state support in fulfilling their supply obligations to customers.
 
The Spanish government has introduced a levy on low-carbon power producers to support smaller suppliers.
 
Supply is typically a small part of larger Fitch-rated integrated utilities in Europe, which are able to pass costs on to most customer groups, or hedge. Although we expect higher gas prices to increase regulatory risks, the rated utilities’ diversification by jurisdiction and business line, including electricity production and distribution networks, cushions the impact. The unfolding situation in the European gas market may further accelerate the energy transition in the utility sector towards renewables.
 
Fertiliser producers have been severely affected by rising gas prices. Gas is a key input in ammonia production, which is further used in urea and DAP production. Several ammonia plants in Europe have cut their output or have temporarily shut down operations. Larger Fitch-rated fertiliser producers with a global presence are able to continue production in other regions or source ammonia from third parties, limiting the impact. Producers may also seek to increase fertiliser prices to pass costs onto consumers.
 
Agriculture and food producers are affected by challenges in the fertiliser sector. Agribusinesses may face shortages in fertiliser supplies and increased prices, most likely increasing their costs in the next season’s harvest. However, meat processors and carbonated drinks manufacturers, particularly in the UK, already face disruptions due to CO2 shortages, which is a by-product of ammonia manufacturing and is used in meat and fizzy drinks production. Geographically diversified food and beverages producers are better positioned to mitigate such shortages.
 
The record-high prices in Europe are driven by increased demand (due to the wider economic recovery and weather-related factors), competition with Asia for LNG, and a limited supply response from Gazprom, Europe’s largest supplier, providing about a third of Europe’s gas. Prices have also risen due to market fears of a gas deficit during the winter heating season due to low European storage utilisation compared to previous years.
 
Utilisation at Gazprom-linked storage facilities (around 10% of European capacity) is particularly low, affecting average utilisation rates in Austria, Germany and the Netherlands. Furthermore, unlike September in recent years, Gazprom has not offered any meaningful volumes for delivery this or next year via its electronic sales platform (a sales channel for short-term gas deliveries, used in addition to sales under long-term contracts). Gazprom’s total exports should increase in 2021 but this is unlikely to be sufficient to re-balance the market. Starting the new Nord Stream 2 pipeline, which is facing difficulties in obtaining necessary approvals from regulators in Europe, may affect the availability of additional gas volumes.
 
We have recently increased our short-term gas price assumptions. However, we expect a normalisation of demand and potential additional supplies to result in a return to mid-cycle pricing from 2023.
Source: Fitch Ratings


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

Recent News

Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...


Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...


Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...


Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led t ...


Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and bus ...


   3 4 5 6 7   
Showing 21 to 25 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 ...

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