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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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Thursday, 04 November 21
FASTER DECARBONISATION: BACK TO BASICS FOR THE MINING INDUSTRY? - WOOD MACKENZIE
To the uninitiated, rugby is a technical and complicated game. As young schoolboys it was all a wee bit confusing and we invariably ended up on the ...
Wednesday, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of c ...
Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...
Wednesday, 03 November 21
HIGHER COKING COAL PRICES TO PARE PROFITABILITY OF STEELMAKERS IN SECOND HALF OF FY22 - CRISIL RATINGS
The operating margin of primary steelmakers will reduce by a third to 24-26% in the second half of this fiscal versus the first half as input cost ...
Wednesday, 03 November 21
MARKET INSIGHT - INTERMODAL
November is here and soon the all time seasonal favorite “all I want or Christmas is you” by Mariah Carey will be played in radio stati ...
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- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Global Coal Blending Company Limited - Australia
- The State Trading Corporation of India Ltd
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- SMG Consultants - Indonesia
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Bhushan Steel Limited - India
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Xindia Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- San Jose City I Power Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Goldman Sachs - Singapore
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- ICICI Bank Limited - India
- The University of Queensland
- Posco Energy - South Korea
- Grasim Industreis Ltd - India
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- Thiess Contractors Indonesia
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Uttam Galva Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Marubeni Corporation - India
- White Energy Company Limited
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
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