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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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Thursday, 01 July 21
END TO COAL POWER BROUGHT FORWARD TO OCTOBER 2024
Press Release: The deadline to phase out coal from Great Britain's energy system has been brought forward by a whole year, highlighting the UK& ...
Thursday, 01 July 21
WHY BUILD 600 NEW UNPROFITABLE COAL PLANTS? - DEUTSCHE WELLE
Governments in Asia are planning 600 new coal plants that could lose investors $150 billion and derail efforts to limit temperature rise in line wi ...
Thursday, 01 July 21
FIVE ASIAN COUNTRIES ACCOUNT FOR 80% OF NEW COAL POWER INVESTMENT - THE GUARDIAN
Five Asian countries are jeopardising global climate ambitions by investing in 80% of the world’s planned new coal plants, according to a rep ...
Wednesday, 30 June 21
DELTA DUNIA MAKMUR RECORDED AN IMPROVED REVENUE IN Q1 2021; REVENUE INCREASED BY 49% QOQ TO US$160 MILLION ON THE BACK OF COAL PRICE RECOVERY
PT Delta Dunia Makmur Tbk. (“DOID”) released its consolidated financial and operating results that include its primary and wholly-owned ...
Wednesday, 30 June 21
BUMA SIGNED MINING AGREEMENT WITH ADARO
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into an agreement for the p ...
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- Tata Chemicals Ltd - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Simpson Spence & Young - Indonesia
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- The Treasury - Australian Government
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Economic Council, Georgia
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- White Energy Company Limited
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Anglo American - United Kingdom
- Kideco Jaya Agung - Indonesia
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- The University of Queensland
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- New Zealand Coal & Carbon
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