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Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
 China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply.
Thermal coal for January delivery, the most actively traded contract on the Zhengzhou Commodity Exchange, hit a record high of 1,982 yuan per tonne.
Prices are up more than 260% year to date.
With winter approaching temperatures in most central and eastern regions have been lower than normal in the past 10 days, data from China’s National Meteorological Center showed.
“Plunging temperatures across parts of China stoked fears that shortages in power are likely to increase over the coming northern hemisphere winter,” ANZ analysts said in a note to clients.
Shortages of coal, high fuel prices and booming post-pandemic industrial demand have sparked widespread power shortages.
Power rationing has been in place in at least 17 of mainland China’s more than 30 regions since September, forcing some factories to suspend production, disrupting supply chains and adding to factory gate inflation concerns.
Last week, China took its boldest step in power reform by allowing coal-fired power plants to pass on higher costs to some customers, with an aim to encourage power plants to generate more electricity and ease their profitability pressures.
Power-hungry industries such as steel, aluminium, cement and chemical producers are expected to face higher and more volatile power costs under the new policy, inflating their costs and pressuring profit margins. [L1N2R904N]
Alumina (OTC:AWCMY) and aluminium producers in the southwestern Guangxi region are facing higher power costs, ANZ analysts said.
“Guangxi will put a 50% premium on electricity prices for the most energy-intensive industries,” they said.
Beijing has enacted measures to increase the output of coal, which fuels nearly 60% of its power plants, with government data on Monday indicating some increase to supply.
Daily coal output recently hit 11.5 million tonnes, up more than 1.2 million tonnes from mid-September, the National Development of Reform Commission said.
Source: Reuters
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Thursday, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...
Thursday, 23 December 21
INDONESIA’S 2022 COAL OUTPUT SEEN BETWEEN 637 MLN-664 MLN T- OFFICIAL - REUTERS
Indonesia’s 2022 coal output is estimated at between 637 million to 664 million tonnes based on production plans currently being finalised, s ...
Thursday, 23 December 21
VALE ANNOUNCES THE SALE OF ITS COAL ASSETS
Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corrido ...
Thursday, 23 December 21
INDIA: CAPTIVE POWER PRODUCERS URGE GOVT TO ENSURE NORMAL COAL SUPPLIES - PTI
A captive power producers’ association has urged the government for 100 per cent normalisation of coal supply to captive power producers whil ...
Thursday, 23 December 21
MARKET INSIGHT - INTERMODAL
As an outstanding year for the dry bulk freight market comes to a close, so does a thriving year for the SnP market which can only be compared to 2 ...
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- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- White Energy Company Limited
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Sree Jayajothi Cements Limited - India
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Ind-Barath Power Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- ICICI Bank Limited - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- MS Steel International - UAE
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
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