COALspot.com keeps you connected across the coal world
  • NOVEMBER 2021 HBA FOR EXPORTS INCREASED BY $33.03% MOM, $85.79 YTM AND $183.50% YOY
  • NOVEMBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$215.01 A TON

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
LONGER COAL CONTRACTS MAY REIN IN PRICES - ECNS
In China’s coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel consumed by power generators and heat supplying companies is sourced under medium- and long-term contracts, a recent guideline released by the National Development and Reform Commission, the country’s top economic regulator, stated.
 
Wei Hanyang, a power market analyst at BloombergNEF, said,”The policy aims to curb the coal price surge, which could otherwise be unaffordable for power plants or lead to higher power tariffs, which are undesirable for the Chinese economy.”
 
Wei said the guideline has raised the contract requirements for both buyers and sellers of coal compared with the previous instruments.
 
He said the guideline is conducive to safeguarding the long-term interests of both suppliers and consumers of coal.
 
The NDRC ordered thermal power suppliers and heat suppliers to sign additional medium- and long-term coal agreements with coal producers based on their existing contracts this year, to ensure their annual coal consumption will be 100 percent covered by these deals.
 
The medium- and long-term contracts refer to contracts signed by players on both the supply side and the demand side for a period of one year or longer with a clear quantity and price mechanism, the NDRC guideline stated.
 
Wei said, “Coal companies are likely to be willing to surrender some margins, which is why a renewed contract for coal sales is needed, and now power plants can minimize exposure to any surges in the spot coal price.”
 
China has been experiencing coal shortages for more than three months with prices remaining at high levels, which place a heavy cost burden on utilities.
 
China’s coal prices soared to a record high this month and demand has also remained robust with power plants in northern parts of China beginning restocking ahead of the winter heating season.
 
The NDRC guideline encourages both sellers like coal producers and consumers of coal like power generators and heat suppliers to sign contracts for three years or longer periods. The supply volume of three-year or longer contracts should represent 30 percent of all medium- and long-term contracts, it said.
 
Last year, China’s coal consumption reached 4.04 billion tons, accounting for 56.8 percent of the total energy consumption.
 
The coal consumption in the power generating and heat supplying sectors is almost 2.38 billion tons, accounting for 59 percent of the country’s total coal consumption.
 
A high coal price would lead to a net loss for the electric heating supply enterprises and thus have an impact on the economy and people’s livelihood.
 
The proportion of coal consumption in China is expected to drop to about 51 percent by 2025, according to a report from the China Electric Power Planning& Engineering Institute.
Source: Ecns.cn


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

Recent News

Friday, 12 November 21
INDONESIAN COAL PRICE REFERENCE TOPS $215 A TON; THE HIGHEST COAL PRICE IN HISTORY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second half of 2021 as it reached a pinnacle of $215.01 in November 2021 ...


Thursday, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...


Tuesday, 09 November 21
ASIA-PACIFIC IS HOME TO SOME OF THE WORLD'S LARGEST CARBON-EMITTERS - 2 CHARTS SHOW ITS RELIANCE ON COAL - CNBC
Asia-Pacific is home to some of the world’s largest carbon emitters — and experts say much of global efforts to fight climate change de ...


Tuesday, 09 November 21
CHINA DAILY COAL OUTPUT HITS MULTI-YEAR PEAK, PRICES EXPECTED TO FALL - REUTERS
China’s daily coal output hit 11.93 million tonnes last week, a multi-year high as more capacity returned to operation, the state planner sai ...


Thursday, 04 November 21
CHINA'S COAL MARKET SEES SIGNIFICANT IMPROVEMENTS: NDRC - GLOBAL TIMES
China’s top economic planner has declared initial success in its efforts to ensure coal supply and stabilize prices, saying that daily coal o ...


   2 3 4 5 6   
Showing 16 to 20 news of total 6470
News by Category
Popular News
 
Total Members : 27,644
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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