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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, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...
Thursday, 23 December 21
INDONESIA’S 2022 COAL OUTPUT SEEN BETWEEN 637 MLN-664 MLN T- OFFICIAL - REUTERS
Indonesia’s 2022 coal output is estimated at between 637 million to 664 million tonnes based on production plans currently being finalised, s ...
Thursday, 23 December 21
VALE ANNOUNCES THE SALE OF ITS COAL ASSETS
Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corrido ...
Thursday, 23 December 21
INDIA: CAPTIVE POWER PRODUCERS URGE GOVT TO ENSURE NORMAL COAL SUPPLIES - PTI
A captive power producers’ association has urged the government for 100 per cent normalisation of coal supply to captive power producers whil ...
Thursday, 23 December 21
MARKET INSIGHT - INTERMODAL
As an outstanding year for the dry bulk freight market comes to a close, so does a thriving year for the SnP market which can only be compared to 2 ...
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- Larsen & Toubro Limited - India
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- PTC India Limited - India
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Global Green Power PLC Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Global Business Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Essar Steel Hazira Ltd - India
- Savvy Resources Ltd - HongKong
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Australian Coal Association
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Planning Commission, India
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
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