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Friday, 15 October 21
AUSTRALIA'S WHITEHAVEN EXPECTS TO BE DEBT-FREE NEXT YEAR AS COAL PRICES SOAR - REUTERS
Australia’s Whitehaven Coal WHC.AX said on Thursday it expects to be debt-free by early 2022, as thermal coal prices surge to record highs on recovering power demand and supply constraints.
Newcastle thermal coal futures – Asia’s benchmark – averaged $168.52 a tonne in the September quarter, Whitehaven said, more than tripling from a year earlier and 54% higher from the prior three months.
Whitehaven said it would be in a net cash position by March 2022 as it expects coal prices to remain high on industrial activity rebounding, tighter supply due to adverse weather conditions and export restrictions in Indonesia.
Its average realised price of $142 a tonne was lower than the Asia benchmark’s in the quarter as over half of its thermal coal book was priced in the prior periods.
Whitehaven said it expects to rake in the benefits of higher prices in the coming months.
Global supply constraints and recovering demand for energy has led to power shortages in China, India and Europe.
Whitehaven, which reaffirmed its fiscal 2022 production guidance, reported a 4% drop in managed saleable coal production to 4.7 million tonnes from a year earlier.
Source: Reuters
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Thursday, 14 October 21
SPIKING COAL PRICES: DON’T BLAME THE ENERGY TRANSITION - IEEFA
Volatility highlights urgency for renewables-based energy solutions
“Energy crisis.” The phrase evokes nearly-forgotten ...
Thursday, 14 October 21
EIA FORECASTS U.S. COAL PRODUCTION TOTALS 588 MMST IN 2021, UP 53 MMST YOY
U.S. coal production in EIA's forecasts totals 588 million short tons (MMst) in 2021, 53 MMst more than in 2020.
According ...
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 t ...
Wednesday, 13 October 21
CHINA ISN'T THE ONLY HUGE ASIAN ECONOMY WITH A COAL SHORTAGE NOW - CNBC
China is not the only Asian giant grappling with an energy crunch — India is also teetering on the edge of a power crisis.
Mos ...
Wednesday, 13 October 21
MARKET INSIGHT - INTERMODAL
Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we are pleased to se ...
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- Romanian Commodities Exchange
- Renaissance Capital - South Africa
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- The Treasury - Australian Government
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- PTC India Limited - India
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- European Bulk Services B.V. - Netherlands
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Bulk Trading Sa - Switzerland
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Sojitz Corporation - Japan
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Latin American Coal - Colombia
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Australian Coal Association
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Vedanta Resources Plc - India
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Planning Commission, India
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
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