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Friday, 29 October 21
APAC THERMAL COAL SUPPLY TO REMAIN TIGHT AS WINTER LOOMS - FITCH RATINGS
 APAC thermal coal prices have surged, hitting historically high levels. The benchmark Newcastle 6,000kcal/kg grade coal reached USD228/tonne in mid-October, roughly triple the price from December. Fitch Ratings says in a new report that the high prices are largely driven by tight supply across the region and low inventory levels in China and India, along with strong natural gas prices as an alternative energy source. Major Asian countries' imports increased by 1.5% yoy in 8M21, although China's imports declined by 3.7% yoy in 9M21 with metallurgical coal more affected than thermal.
China's benchmark Qinhuangdao 5,500kcal/kg coal price has tripled so far this year, reaching around CNY2,300/tonne in mid-October and gaining over 100% since only September. Domestic production marginally picked up 1.2% qoq in 3Q21 as August-September output rebounded to 33.5 million tonnes (mt) per month from 31.4mt in July. Demand has remained strong, too. Thermal power generation rose by 11.9% in 9M21 on the economic recovery, strong exports and lack of growth in hydropower.
China has raised the production quota of 153 mines since September. These mines can contribute an incremental 50mt or more in 4Q21. Production increased above 11.60mt on 18 October, the highest level this year, from an average 11.14mt a day in September. Still, supply could remain tight in 4Q21, as daily production in November-December could be little more than 1.0mt higher than September from past experience. The National Development and Reform Commission (NDRC) has also flagged its intention to intervene on prices.
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Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...
Wednesday, 24 November 21
PRICE OF CHINA’S COAL FUTURE DROPS BY 60% AS NATIONWIDE DAILY OUTPUT REACHES OVER 12 MILLION TONS: NDRC - GLOBAL TIMES
China’s daily coal output has now stabilized after reaching over 12 million tons and the price of coal futures has declined to 800 yuan ($125 ...
Friday, 19 November 21
CHINA: COAL SUPPLIES TO STABILIZE FOR COMING COLD SEASON
China is capable of ensuring stable coal supplies this winter and next spring with the increase in coal production and the rising stockpiles at pow ...
Wednesday, 17 November 21
MARKET INSIGHT - INTERMODAL
It has been another declining week for the dry bulk market and evidently, we are seeing asset values gradually losing momentum as well. Following a ...
Tuesday, 16 November 21
EARNINGS RECOVERY IN INDONESIAN COAL TO CONTINUE THROUGH 2021, BUT SLOW IN 2022 - FITCH RATINGS
The recovery in the operating and financial performance of Indonesian coal miners and coal contractors is likely to slow in 2022, but coal prices s ...
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- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Oldendorff Carriers - Singapore
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Eastern Coal Council - USA
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Kaltim Prima Coal - Indonesia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
- Electricity Authority, New Zealand
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Thiess Contractors Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- MS Steel International - UAE
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Romanian Commodities Exchange
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Riau Bara Harum - Indonesia
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