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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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Friday, 21 January 22
CHINA'S POWER TRADING TARIFFS TO RISE IN 2022 - FITCH RATINGS
Rising trading volume and higher-than-benchmark tariffs in the 2022 bilateral contracts signed between Chinese power generation companies (gencos) ...
Thursday, 20 January 22
CHINESE COAL JUMPS OVER 6% ON PRE-HOLIDAY SUPPLY WORRY - REUTERS
China’s thermal coal futures soared more than 6% on Wednesday, hitting a level last seen in late November as investors grew concerned over ti ...
Thursday, 20 January 22
VIETNAM: COAL SECTOR SEES POSITIVE PROSPECT IN 2022 - VNA
With many signs of rising demand for coal in various economic sectors in 2022, the Vietnam National Coal – Mineral Industries Group (Vinacomi ...
Wednesday, 19 January 22
MARKET INSIGHT - INTERMODAL
Since the beginning of the year, we have been witnessing the BDI correcting downwards with sizable drops across all segments. Latest similar levels ...
Sunday, 09 January 22
INDONESIA MINISTER SAYS 'EMERGENCY OVER' ON COAL SUPPLY CRUNCH - REUTERS
Indonesia’s power emergency which has triggered a coal export ban is over but the government will still continue to discuss policies in this ...
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- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- Parliament of New Zealand
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Vedanta Resources Plc - India
- Carbofer General Trading SA - India
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Planning Commission, India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- The University of Queensland
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Grasim Industreis Ltd - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Indonesian Coal Mining Association
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Karbindo Abesyapradhi - Indoneisa
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Eastern Energy - Thailand
- Bayan Resources Tbk. - Indonesia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- New Zealand Coal & Carbon
- GAC Shipping (India) Pvt Ltd
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
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