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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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Wednesday, 20 October 21
MARKET INSIGHT - INTERMODAL
IMO 2020, Ballast Water Treatment regulations, Green Recycling, GHG emissions, EEXI, CII, ETS, Fit for 55, Carbon price/levy, the Poseidon Principl ...
Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...
Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...
Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected
If India keeps installing solar capacity a ...
Saturday, 16 October 21
DESPITE HIGHER COAL PRICES, U.S. COAL RECOVERY LOOKS WEAK BY MOST MEASURES - IEEFA
U.S. coal sector is locked into a long-term sectoral decline
Coal prices have surged to the highest level in years in the U.S., and have soare ...
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- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- MS Steel International - UAE
- India Bulls Power Limited - India
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Australian Coal Association
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Planning Commission, India
- Makarim & Taira - Indonesia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Minerals Council of Australia
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Parliament of New Zealand
- Madhucon Powers Ltd - India
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Banpu Public Company Limited - Thailand
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- San Jose City I Power Corp, Philippines
- Romanian Commodities Exchange
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- The University of Queensland
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Bayan Resources Tbk. - Indonesia
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