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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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Friday, 26 November 21
CHINA FINDS COMPLIANCE PROBLEMS IN COAL PRICE INDEX PROBE - REUTERS
China’s state planner on Wednesday said it had discovered some “noncompliant” behaviour among coal price index providers as it an ...
Thursday, 25 November 21
SE ASIA POWER DEMAND TO RISE AS STATE SUPPORT MITIGATES COVID-19 IMPACT - FITCH RATINGS
Electricity demand in south-east Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has ...
Thursday, 25 November 21
FITCH RATINGS INCREASES MOST GLOBAL METALS AND MINING PRICE ASSUMPTIONS - FITCH RATINGS
Fitch Ratings has increased most metals and mining price assumptions, particularly those that benefit from increased longer-term demand due to glob ...
Thursday, 25 November 21
CHINA'S COAL PRICE DROPS IN MID-NOVEMBER AMID GOVERNMENT’S SWEEPING MEASURES - GLOBAL TIMES
China’s coal prices have dropped significantly in mid-November compared with the beginning of the month, with the price of coking coal and co ...
Wednesday, 24 November 21
MARKET INSIGHT - INTERMODAL
Inflation is the word that has dominated the meetings of foreign leaders and finance ministers in recent weeks, as rising energy costs, supply chai ...
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- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Kapuas Tunggal Persada - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Interocean Group of Companies - India
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Economic Council, Georgia
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- Maheswari Brothers Coal Limited - India
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
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