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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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Tuesday, 16 November 21
INDONESIA’S 2022 COAL USE FOR POWER GENERATION SET TO RISE 3% - REUTERS
Indonesia’s coal consumption for power generation is likely to rise by 3.1% next year compared to 2021, the head of the country’s state ...
Tuesday, 16 November 21
CHINA'S MONTHLY COAL OUTPUT RISES TO HIGHEST SINCE MARCH 2015 - REUTERS
China’s October coal output rose to the highest since at least March 2015, after Beijing approved a raft of coal mine expansions to tame reco ...
Friday, 12 November 21
RUSSIA-INDIA COKING COAL DEAL UNLIKELY TO IMPACT PANAMAX SHIPPING - DREWRY
Russia and India have recently entered into an agreement whereby Russia will supply up to 40 million tonnes of coking coal to India every year. Dre ...
Friday, 12 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...
Friday, 12 November 21
INDONESIAN COAL PRICE REFERENCE TOPS $215 A TON; THE HIGHEST COAL PRICE IN HISTORY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second half of 2021 as it reached a pinnacle of $215.01 in November 2021 ...
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- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- SMC Global Power, Philippines
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Ministry of Mines - Canada
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Sojitz Corporation - Japan
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Makarim & Taira - Indonesia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- San Jose City I Power Corp, Philippines
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Petron Corporation, Philippines
- White Energy Company Limited
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
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