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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, 10 June 21
U.S. COAL PRODUCTION TO TOTAL 600 MMST IN 2021, 11% MORE THAN IN 2020 - EIA
EIA expects U.S. coal production to total 600 million short tons (MMst) in 2021, which is 61 MMst (11%) more than in 2020.
The increase is dri ...
Wednesday, 09 June 21
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
The In-Person Maritime Event
SHIPTEK INTERNATIONAL CONFERENCE & AWARDS 2021
culminates successfully in Dubai
Press Release: ...
Wednesday, 09 June 21
MARKET INSIGHT - INTERMODAL
“Counter cyclical investments.” usually take place by investing in a “bad” market at the point that ensures that the acquir ...
Saturday, 05 June 21
KOMIPO INVITED 5600 NAR COAL OFFERS FOR THREE YEARS SUPPLY; 520,000 MT PER YEAR
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Saturday, 05 June 21
IT'S TIME FOR THE BIDEN ADMINISTRATION TO CHAMPION RENEWABLE ENERGY IN THE PHILIPPINES, NOT NUCLEAR OR FOSSIL GAS - IEEFA
Fossil gas and nuclear investments risk locking in costly, outdated infrastructure for the long-term
The United States has spent the ...
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- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Intertek Mineral Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- TeaM Sual Corporation - Philippines
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Parry Sugars Refinery, India
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Australian Coal Association
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Marubeni Corporation - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- Dalmia Cement Bharat India
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- White Energy Company Limited
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Heidelberg Cement - Germany
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
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