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
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

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 ...

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