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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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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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- Planning Commission, India
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Merrill Lynch Commodities Europe
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- Africa Commodities Group - South Africa
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Australian Coal Association
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Metalloyd Limited - United Kingdom
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Baramulti Group, Indonesia
- Bukit Baiduri Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- PTC India Limited - India
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
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