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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, 26 November 21
CHINA FINDS COMPLIANCE PROBLEMS IN COAL PRICE INDEX PROBE - REUTERS
China’s state planner on Wednesday said it had discovered some “noncompliant” behaviour among coal price index providers as it an ...
Thursday, 25 November 21
SE ASIA POWER DEMAND TO RISE AS STATE SUPPORT MITIGATES COVID-19 IMPACT - FITCH RATINGS
Electricity demand in south-east Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has ...
Thursday, 25 November 21
FITCH RATINGS INCREASES MOST GLOBAL METALS AND MINING PRICE ASSUMPTIONS - FITCH RATINGS
Fitch Ratings has increased most metals and mining price assumptions, particularly those that benefit from increased longer-term demand due to glob ...
Thursday, 25 November 21
CHINA'S COAL PRICE DROPS IN MID-NOVEMBER AMID GOVERNMENT’S SWEEPING MEASURES - GLOBAL TIMES
China’s coal prices have dropped significantly in mid-November compared with the beginning of the month, with the price of coking coal and co ...
Wednesday, 24 November 21
MARKET INSIGHT - INTERMODAL
Inflation is the word that has dominated the meetings of foreign leaders and finance ministers in recent weeks, as rising energy costs, supply chai ...
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- Latin American Coal - Colombia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Barasentosa Lestari - Indonesia
- White Energy Company Limited
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Deloitte Consulting - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- The University of Queensland
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Agrawal Coal Company - India
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Vedanta Resources Plc - India
- Videocon Industries ltd - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Indian Oil Corporation Limited
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
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