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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, 26 October 21
CHINA'S COAL-RICH SHANXI BEEFS UP COAL PRODUCTION - XINHUA
Major coal producers in north China’s Shanxi Province, a leading coal-producing region of the country, have beefed up production to ensure en ...
Tuesday, 26 October 21
ENERGY CRISIS SHOWS COAL IS AN EXPENSIVE AND UNRELIABLE SOURCE OF ELECTRICITY GENERATION - IEEFA
Any knee-jerk reaction that urges more investment in coal completely misses the point
India is teetering on the brink of joining a growing glo ...
Tuesday, 26 October 21
CHINA TO INVESTIGATE ENERGY INDEX PROVIDERS IN BID TO TAME COAL PRICES - REUTERS
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contrac ...
Tuesday, 26 October 21
THERE IS PLENTY OF COAL AND GAS IN THE WORLD BUT A VOLATILE MARKET IS NOBODY'S FRIEND - IEEFA
Gas will be winding its way out of the energy system
Gas prices are continuing to surge around the world. The cost of gas is at unpr ...
Tuesday, 26 October 21
AUSTRALIA EXPORTED 51.6 MLN TONNES OF COAL TO INDIA IN FIRST 10 MONTHS, 19% OF ALL AUSTRALIAN COAL EXPORTS; CHINA WAS THE DESTINATION FOR JUST 0.7% - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade. In 2021 things started pretty badly, but we are seeing increasing signs of ...
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- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Posco Energy - South Korea
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Pendopo Energi Batubara - Indonesia
- Indian Oil Corporation Limited
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Thiess Contractors Indonesia
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- GMR Energy Limited - India
- Mercator Lines Limited - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Australian Commodity Traders Exchange
- Planning Commission, India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
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