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Wednesday, 06 October 21
EUROPEAN COAL FUTURES CLIMB TO 13-YEAR PEAK - REUTERS
European coal futures rose to a 13-year high and physical thermal coal prices were at record highs as rallying gas prices and strong Asian demand fuelled coal buying.
The European API2 coal futures contract for 2022 was 6.7% higher at $179.25 a tonne by 1427 GMT, the highest level since 2008.
The continued rally in European natural gas prices has incentivised more coal-fired power generation in Europe which is helping to drive up prices, analysts said.
European benchmark natural gas prices at the Dutch TTF hub are at all-time highs and some contracts are nearing 100 euros ($116.28) per megawatt hour.
“Looking at the European fuel complex, gas has for some time now lost its competitive advantage over coal in the fuel switch. As a consequence, coal use has significantly gone up in northwest Europe,” said Swedish energy consultancy ELS Analysis.
Physical thermal coal prices are also at all-time highs. Australian coal cargoes for delivery from the Newcastle terminal in November settled at $230.05 on Friday.
In the European physical thermal coal market, cargoes into Amsterdam, Rotterdam and Antwerp (ARA) in November also settled at a record high of $238.50 a tonne on Friday.
A cold winter in Asia, followed by a hot summer and stronger economic growth, has also caused Chinese demand to increase significantly, analysts at Commerzbank said.
Source: Reuters
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Wednesday, 28 July 21
MARKET INSIGHT - INTERMODAL
Assessing the ship repair sector during this first half of the year, we continue to come across surprises and new restrictions which are trembling ...
Saturday, 24 July 21
UNDERSTANDING INDIA'S LATEST PEAK POWER DEMAND RECORD - IEEFA
Ramping up solar will be crucial as peak power demand hits during the day
At around noon on 7 July 2021, India’s instantaneous ...
Wednesday, 21 July 21
MARKET INSIGHT - INTERMODAL
Dry Buk Sales and Purchase activity has heated up during 2021, reaching record high levels during the first half of the year. The increased interes ...
Monday, 19 July 21
CHINA'S COAL OUTPUT UP 6.4 PCT IN H1 - XINHUA
China’s raw coal output climbed 6.4 percent year on year to 1.95 billion tonnes in the first six months of the year, official data showed.
...
Saturday, 17 July 21
COAL PRICES TRADE AT DECADE HIGH OF $140 PER TONNE, HERE ARE SOME FACTORS AT PLAY: CNBC-TV18
Coal prices are trading at $140 per tonne. In the last one week, coal has seen more than 8 percent gains; the last one month has seen 24 percent ju ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Economic Council, Georgia
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Central Electricity Authority - India
- Orica Mining Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Siam City Cement - Thailand
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Kideco Jaya Agung - Indonesia
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- PTC India Limited - India
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Borneo Indobara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Planning Commission, India
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- The University of Queensland
- Trasteel International SA, Italy
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Riau Bara Harum - Indonesia
- Petron Corporation, Philippines
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