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Saturday, 30 October 21
CHINA'S COAL PRICES SEE BIGGEST WEEKLY FALL IN MORE THAN 5 YEARS - REUTERS
China’s coal futures prices saw their biggest fall in more than five years after the powerful state planner said there is still room to adjust coal prices after recent investigations of producers.
“Initial results showed coal production costs are significantly lower than current spot coal prices,” the National Development and Reform Commission said in a statement.
The most-traded thermal coal futures contract on the Zhengzhou Commodity Exchange fell its maximum limit of 10% on Friday and closed down 8.64% at 973 yuan ($152.24) per tonne. It was down 27.6% for the week, the biggest weekly decline since September 2016.
The contract has fallen more than half from its record high of 1,982 yuan on Oct 19. It is up more than 80% this year.
On Friday, the environment ministry said it would take steps to cut the concentration of tiny hazardous airborne particles known as PM2.5 by an average of 4% on the year in main cities this winter.
The world’s top greenhouse gas emitter’s anti-smog program is likely to face scrutiny as a power crunch forces the government to secure more coal to generate electricity.
Measures to cool prices of the key power-generating fuel include stepping up output in coal producing regions and setting a target price of thermal coal.
The power crunch has forced power-hungry industries such as steel, aluminum, cement and chemicals, to cut production, while a new electricity tariff is expected to bring higher costs and put pressure on profit margins.
Source: Reuters
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Monday, 01 November 21
COAL PRICES HAVE FURTHER ROOM TO DROP: TOP ECONOMIC PLANNER - GLOBAL TIMES
China’s top economic planner said coal prices have further room to drop on Friday, as the most traded coal futures dropped to below 1,000 yua ...
Saturday, 30 October 21
G-20 LEADERS PREPARE STATEMENT TO STOP FUNDING FOREIGN COAL PLANTS - BLOOMBERG
Leaders of the Group of 20 wealthy economies are preparing to pledge to stop funding foreign coal-fired plants, but are still wrangling over climat ...
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 ...
Thursday, 28 October 21
CANADA BAN ON SHIPPING COAL WOULD EQUAL SCRAPPING AS MANY AS 3 MILLION CARS - IEEFA
Canada ban on shipping coal would equal scrapping as many as 3 million cars
Change in Canadian policy could have major implications ...
Tuesday, 26 October 21
CHINA'S COAL-RICH SHANXI BEEFS UP COAL PRODUCTION - XINHUA
Major coal producers in north China’s Shanxi Province, a leading coal-producing region of the country, have beefed up production to ensure en ...
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- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Minerals Council of Australia
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- VISA Power Limited - India
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- Australian Coal Association
- Gujarat Sidhee Cement - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- Economic Council, Georgia
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
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