COALspot.com keeps you connected across the coal world
  • NOVEMBER 2021 HBA FOR EXPORTS INCREASED BY $33.03% MOM, $85.79 YTM AND $183.50% YOY
  • NOVEMBER 2021 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS FIXED AT US$215.01 A TON

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 13 October 21
COAL PRICES ARE ROARING BACK AMID A GLOBAL ENERGY CRUNCH - SYDNEY MORNING HERALD
Soaring coal prices have placed Australia’s mining and energy exports on track to reach a record $349 billion this year evenas the value of the nation’s biggest export, iron ore, appears to have peaked. Markets for thermal coal, used for power generation, are booming around the world as a global recovery from the economic impacts of the COVID-19 pandemic drives up demand for energy. 
 
Metallurgical coal used in steel-making has also touched new highs as supply shortages combine with rebounding industrial activity. Federal government trade data to be released on Thursday reveals an expected 10 per cent rise in resources and energy earnings to hit an all-time high of $349 billion in 2021-22, before falling back to $299 billion in 2022-23. 
 
“The sector has gone from strength to strength and is performing better than it was pre-pandemic,”Federal Resources Minister Keith Pitt said. 
 
Coal producers were hit hard in 2020 as the shock of the pandemic pummelled prices and a diplomatic feud led to China banning Australian coal shipments. The sector has also been under mounting pressure as global warming concerns cause investors to flee, while the United Nations, ahead of an upcoming climate summit in Glasgow, is calling on all countries to commit to phasing out thermal coal between 2030-40.
 
Although this year’s price rally signifies coal’s enduring near-term demand as an abundant source of energy, the federal Industry Department notes the commodity faces “significant competing forces”. 
 
“Recent revenue surges are likely to run up against longer-term structural issues in the coal market,” it said. 
 
”Investor and policy pressure has grown in recent years, and the global coal-fired power plant construction pipeline has contracted since 2015.” 
 
Still, the share prices of ASX-listed coal miners have been rallying in the past month. Investment bank Morgan Stanley described Whitehaven Coal, whose value has jumped almost 50 per cent since August, as a “cash machine” amid expectations of higher coal prices lasting well into 2022.
 
Prices for the key steel-making ingredient iron ore, however, have been falling rapidly. China, by far the world’s biggest consumer of the commodity, has been seeking to cut steel mills’ output and tackle carbon emissions for the third straight month. After hitting a record $US230 a tonne in May, iron ore has had its value slashed in half and is now trading below $US110 a tonne, hammering the share prices of the mining giants BHP, Rio Tinto and Fortescue. 
 
UBS analyst Myles Allsop said  Chinese  steel  production had weakened since July as Beijing put pressure on provinces to materially cut energy consumption and intensity to meet targeted emissions cuts of 3 per cent year-on-year. Problems plaguing top Chinese property developer Evergrande had also triggered a slowdown in construction reducing steel demand, he said. Australia’s iron ore exports reached a record $153 billion in 2021 on the back of an aggressive infrastructure building blitz in China and weaker iron ore out put from mines in Brazil, but is forecast to fall by as much as 35 per cent by 2022-23. 
Source: The Sydney Morning Herald


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...


Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter. ...


Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.    Earnings generation should slow down as selling pr ...


Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...


Wednesday, 01 December 21
MARKET INSIGHT - INTERMODAL
Essentially, anyone involved in the shipping and commodity markets still struggle with commodity supply issues and skyrocketing prices in the conte ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6477
News by Category
Popular News
 
Total Members : 27,652
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • CESC Limited - India
  • Tata Chemicals Ltd - India
  • Gujarat Mineral Development Corp Ltd - India
  • Rashtriya Ispat Nigam Limited - India
  • J M Baxi & Co - India
  • European Bulk Services B.V. - Netherlands
  • Singapore Mercantile Exchange
  • Global Coal Blending Company Limited - Australia
  • Altura Mining Limited, Indonesia
  • Deloitte Consulting - India
  • Sree Jayajothi Cements Limited - India
  • TeaM Sual Corporation - Philippines
  • Toyota Tsusho Corporation, Japan
  • Billiton Holdings Pty Ltd - Australia
  • Maharashtra Electricity Regulatory Commission - India
  • Kohat Cement Company Ltd. - Pakistan
  • CoalTek, United States
  • Rudhra Energy - India
  • Renaissance Capital - South Africa
  • Japan Coal Energy Center
  • CIMB Investment Bank - Malaysia
  • Bahari Cakrawala Sebuku - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Alfred C Toepfer International GmbH - Germany
  • Geoservices-GeoAssay Lab
  • Vitol - Bahrain
  • Interocean Group of Companies - India
  • Aboitiz Power Corporation - Philippines
  • Noble Europe Ltd - UK
  • Antam Resourcindo - Indonesia
  • Indonesian Coal Mining Association
  • Directorate Of Revenue Intelligence - India
  • Romanian Commodities Exchange
  • Straits Asia Resources Limited - Singapore
  • Surastha Cement
  • Kalimantan Lumbung Energi - Indonesia
  • Coalindo Energy - Indonesia
  • Mjunction Services Limited - India
  • Simpson Spence & Young - Indonesia
  • Agrawal Coal Company - India
  • KPMG - USA
  • Kideco Jaya Agung - Indonesia
  • Deutsche Bank - India
  • TNB Fuel Sdn Bhd - Malaysia
  • PLN Batubara - Indonesia
  • Price Waterhouse Coopers - Russia
  • Pendopo Energi Batubara - Indonesia
  • Idemitsu - Japan
  • Mintek Dendrill Indonesia
  • Coaltrans Conferences
  • White Energy Company Limited
  • Meenaskhi Energy Private Limited - India
  • The University of Queensland
  • WorleyParsons
  • globalCOAL - UK
  • Ambuja Cements Ltd - India
  • EMO - The Netherlands
  • PowerSource Philippines DevCo
  • Planning Commission, India
  • Bharathi Cement Corporation - India
  • Jorong Barutama Greston.PT - Indonesia
  • PTC India Limited - India
  • The Treasury - Australian Government
  • Georgia Ports Authority, United States
  • Grasim Industreis Ltd - India
  • Indonesia Power. PT
  • Ince & co LLP
  • Kobe Steel Ltd - Japan
  • Coal and Oil Company - UAE
  • Asia Cement - Taiwan
  • Borneo Indobara - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Indika Energy - Indonesia
  • ASAPP Information Group - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Kobexindo Tractors - Indoneisa
  • Mitsubishi Corporation
  • Bangkok Bank PCL
  • EIA - United States
  • Therma Luzon, Inc, Philippines
  • Cement Manufacturers Association - India
  • Essar Steel Hazira Ltd - India
  • IBC Asia (S) Pte Ltd
  • Tamil Nadu electricity Board
  • Cosco
  • Kepco SPC Power Corporation, Philippines
  • Platou - Singapore
  • Indo Tambangraya Megah - Indonesia
  • Jindal Steel & Power Ltd - India
  • Gupta Coal India Ltd
  • GNFC Limited - India
  • World Coal - UK
  • Qatrana Cement - Jordan
  • ETA - Dubai
  • Cargill India Pvt Ltd
  • Standard Chartered Bank - UAE
  • Indian School of Mines
  • Thai Mozambique Logistica
  • Coastal Gujarat Power Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Orica Mining Services - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Timah Investasi Mineral - Indoneisa
  • Siam City Cement - Thailand
  • Vedanta Resources Plc - India
  • Malabar Cements Ltd - India
  • The State Trading Corporation of India Ltd
  • Sakthi Sugars Limited - India
  • PLN - Indonesia
  • McConnell Dowell - Australia
  • Semirara Mining Corp, Philippines
  • Infraline Energy - India
  • DBS Bank - Singapore
  • UBS Singapore
  • Coal India Limited
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • BNP Paribas - Singapore
  • London Commodity Brokers - England
  • Chamber of Mines of South Africa
  • Bukit Asam (Persero) Tbk - Indonesia
  • Vizag Seaport Private Limited - India
  • PNOC Exploration Corporation - Philippines
  • Indian Oil Corporation Limited
  • Shree Cement - India
  • SMG Consultants - Indonesia
  • TRAFIGURA, South Korea
  • Posco Energy - South Korea
  • Kartika Selabumi Mining - Indonesia
  • Thermax Limited - India
  • Coal Orbis AG
  • CCIC - Indonesia
  • Gresik Semen - Indonesia
  • ICICI Bank Limited - India
  • SN Aboitiz Power Inc, Philippines
  • India Bulls Power Limited - India
  • SASOL - South Africa
  • Arch Coal - USA
  • Mercator Lines Limited - India
  • TANGEDCO India
  • McKinsey & Co - India
  • Thailand Anthracite
  • JPower - Japan
  • Sical Logistics Limited - India
  • Medco Energi Mining Internasional
  • Semirara Mining and Power Corporation, Philippines
  • Indogreen Group - Indonesia
  • Ministry of Mines - Canada
  • Freeport Indonesia
  • Petrosea - Indonesia
  • World Bank
  • Clarksons - UK
  • International Coal Ventures Pvt Ltd - India
  • Aditya Birla Group - India
  • Indian Energy Exchange, India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Attock Cement Pakistan Limited
  • Bank of America
  • Cebu Energy, Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • Adani Power Ltd - India
  • GN Power Mariveles Coal Plant, Philippines
  • Indorama - Singapore
  • Karaikal Port Pvt Ltd - India
  • Bhatia International Limited - India
  • Thiess Contractors Indonesia
  • Arutmin Indonesia
  • NALCO India
  • Maheswari Brothers Coal Limited - India
  • Rio Tinto Coal - Australia
  • Gujarat Sidhee Cement - India
  • Cemex - Philippines
  • Australian Commodity Traders Exchange
  • South Luzon Thermal Energy Corporation
  • Sojitz Corporation - Japan
  • Africa Commodities Group - South Africa
  • Energy Link Ltd, New Zealand
  • Central Java Power - Indonesia
  • Commonwealth Bank - Australia
  • SRK Consulting
  • Eastern Energy - Thailand
  • Shenhua Group - China
  • Vale Mozambique
  • Heidelberg Cement - Germany
  • Fearnleys - India
  • Madhucon Powers Ltd - India
  • Barasentosa Lestari - Indonesia
  • Bank of China, Malaysia
  • SGS (Thailand) Limited
  • Bukit Makmur.PT - Indonesia
  • HSBC - Hong Kong
  • Latin American Coal - Colombia
  • Lafarge - France
  • SUEK AG - Indonesia
  • Mitsui
  • Anglo American - United Kingdom
  • Independent Power Producers Association of India
  • Reliance Power - India
  • Makarim & Taira - Indonesia
  • KOWEPO - South Korea
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Petron Corporation, Philippines
  • Adaro Indonesia
  • Salva Resources Pvt Ltd - India
  • Dalmia Cement Bharat India
  • The India Cements Ltd
  • KPCL - India
  • Asmin Koalindo Tuhup - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • ANZ Bank - Australia
  • Mechel - Russia
  • Inspectorate - India
  • Sucofindo - Indonesia
  • Xstrata Coal
  • Metalloyd Limited - United Kingdom
  • Eastern Coal Council - USA
  • Russian Coal LLC
  • bp singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Xindia Steels Limited - India
  • NTPC Limited - India
  • Energy Development Corp, Philippines
  • New Zealand Coal & Carbon
  • Binh Thuan Hamico - Vietnam
  • Merrill Lynch Commodities Europe
  • Thomson Reuters GRC
  • Siam City Cement PLC, Thailand
  • Ministry of Finance - Indonesia
  • KEPCO - South Korea
  • SMC Global Power, Philippines
  • Trasteel International SA, Italy
  • Bhoruka Overseas - Indonesia
  • Glencore India Pvt. Ltd
  • Lanco Infratech Ltd - India
  • Bayan Resources Tbk. - Indonesia
  • IHS Mccloskey Coal Group - USA
  • IOL Indonesia
  • Electricity Authority, New Zealand
  • Baramulti Group, Indonesia
  • Moodys - Singapore
  • Enel Italy
  • TGV SRAAC LIMITED, India
  • APGENCO India
  • Total Coal South Africa
  • Formosa Plastics Group - Taiwan
  • LBH Netherlands Bv - Netherlands
  • Directorate General of MIneral and Coal - Indonesia
  • Peabody Energy - USA
  • Edison Trading Spa - Italy
  • Economic Council, Georgia
  • Meralco Power Generation, Philippines
  • Jatenergy - Australia
  • GB Group - China
  • ING Bank NV - Singapore
  • Riau Bara Harum - Indonesia
  • Larsen & Toubro Limited - India
  • Wilmar Investment Holdings
  • Manunggal Multi Energi - Indonesia
  • Platts
  • PetroVietnam
  • OCBC - Singapore
  • Mercuria Energy - Indonesia
  • Australian Coal Association
  • Maybank - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • GMR Energy Limited - India
  • Ministry of Transport, Egypt
  • Jaiprakash Power Ventures ltd
  • Savvy Resources Ltd - HongKong
  • Kaltim Prima Coal - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Bukit Baiduri Energy - Indonesia
  • Intertek Mineral Services - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • U S Energy Resources
  • Core Mineral Indonesia
  • Pinang Coal Indonesia
  • UOB Asia (HK) Ltd
  • Barclays Capital - USA
  • Global Business Power Corporation, Philippines
  • Marubeni Corporation - India
  • Samtan Co., Ltd - South Korea
  • Iligan Light & Power Inc, Philippines
  • Argus Media - Singapore
  • Cardiff University - UK
  • IMC Shipping - Singapore
  • Bangladesh Power Developement Board
  • TNPL - India
  • San Jose City I Power Corp, Philippines
  • Credit Suisse - India
  • Berau Coal - Indonesia
  • VISA Power Limited - India
  • Port Waratah Coal Services - Australia
  • IEA Clean Coal Centre - UK
  • Uttam Galva Steels Limited - India
  • Bhushan Steel Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Holcim Trading Pte Ltd - Singapore
  • Panama Canal Authority
  • GHCL Limited - India
  • Parliament of New Zealand
  • Globalindo Alam Lestari - Indonesia
  • Bulk Trading Sa - Switzerland
  • Coeclerici Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • MEC Coal - Indonesia
  • Orica Australia Pty. Ltd.
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • RBS Sempra - UK
  • Britmindo - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Sindya Power Generating Company Private Ltd
  • Mitra SK Pvt Ltd - India
  • Samsung - South Korea
  • Power Finance Corporation Ltd., India
  • CNBM International Corporation - China
  • JPMorgan - India
  • Merrill Lynch Bank
  • Kumho Petrochemical, South Korea
  • ACC Limited - India
  • Maersk Broker
  • Gujarat Electricity Regulatory Commission - India
  • Tanito Harum - Indonesia
  • Maruti Cements - India
  • Permata Bank - Indonesia
  • Electricity Generating Authority of Thailand
  • Central Electricity Authority - India
  • PetroVietnam Power Coal Import and Supply Company
  • GVK Power & Infra Limited - India
  • Malco - India
  • Thriveni
  • Wood Mackenzie - Singapore
  • Banpu Public Company Limited - Thailand
  • Runge Indonesia
  • Tata Power - India
  • Videocon Industries ltd - India
  • Asian Development Bank
  • Humpuss - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Minerals Council of Australia
  • Oldendorff Carriers - Singapore
  • Inco-Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Carbofer General Trading SA - India
  • Krishnapatnam Port Company Ltd. - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Parry Sugars Refinery, India
  • MS Steel International - UAE
  • Star Paper Mills Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • GAC Shipping (India) Pvt Ltd
  • Goldman Sachs - Singapore
  • BRS Brokers - Singapore