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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 coal prices have also stabilised, the state planner said.
The government has since July approved capacity expansions at hundreds of coal mines across the country amid a widespread power shortage partly due to insufficient supply, and has rolled out a raft of measures to tame runaway coal prices which soared nearly 190% this year.
“Average daily coal production has reached more than 11.5 million tonnes for a few consecutive days since mid-October, hitting as high as 11.72 million tonnes,” said the National Development and Reform Commission (NDRC) in a statement issued on Sunday night.
Reuters calculations show that China’s new coal output rate puts it on pace to produce more of the fuel this year than ever before if the increase is sustained.
Meanwhile, daily coal supply to the key coal-fired power plants has topped to 8.32 million tonnes, the highest ever level in history.
That helps drive up total coal inventory at Chinese power plants to 106 million tonnes, up more than 28 million tonnes from end-September, and these could support 19 days of consumption, the NDRC said.
The NDRC estimated coal stocks at power plants to exceed 110 million tonnes within three days.
Spot prices for thermal coal with an energy content of 5,500 kilocalories have dropped to below 1,200 yuan ($187.35) a tonne at mines and to less than 1,500 yuan a tonne at ports, while most-traded thermal coal futures contract CZCcv1 plunged 51% in the last eight trading days, the state planner said.
Separately on Sunday, the NDRC said it has set up an online platform monitoring the implementation of long-term coal contracts signed between coal miners and downstream users, and the system will officially launch in early November.
China has repeatedly urged coal companies to strictly perform their contractual obligations at an aim to steady coal prices.
Source: Reuters
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Tuesday, 26 October 21
ENERGY CRISIS SHOWS COAL IS AN EXPENSIVE AND UNRELIABLE SOURCE OF ELECTRICITY GENERATION - IEEFA
Any knee-jerk reaction that urges more investment in coal completely misses the point
India is teetering on the brink of joining a growing glo ...
Tuesday, 26 October 21
CHINA TO INVESTIGATE ENERGY INDEX PROVIDERS IN BID TO TAME COAL PRICES - REUTERS
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contrac ...
Tuesday, 26 October 21
THERE IS PLENTY OF COAL AND GAS IN THE WORLD BUT A VOLATILE MARKET IS NOBODY'S FRIEND - IEEFA
Gas will be winding its way out of the energy system
Gas prices are continuing to surge around the world. The cost of gas is at unpr ...
Tuesday, 26 October 21
AUSTRALIA EXPORTED 51.6 MLN TONNES OF COAL TO INDIA IN FIRST 10 MONTHS, 19% OF ALL AUSTRALIAN COAL EXPORTS; CHINA WAS THE DESTINATION FOR JUST 0.7% - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade. In 2021 things started pretty badly, but we are seeing increasing signs of ...
Monday, 25 October 21
A QUESTION OF POSSESSION - THE BALTIC EXCHANGE
Possession and tangibility are closely related concepts long established under English law. Yet a change to these concepts is around the corner. Th ...
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- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Planning Commission, India
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Eastern Coal Council - USA
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Parliament of New Zealand
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Ministry of Mines - Canada
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- VISA Power Limited - India
- Romanian Commodities Exchange
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Wilmar Investment Holdings
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Bhoruka Overseas - Indonesia
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Vijayanagar Sugar Pvt Ltd - India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tamil Nadu electricity Board
- Sindya Power Generating Company Private Ltd
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
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