We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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 coal suppliers, as the latest government’s clampdown on market speculation and hoarding to curb tight power supplies as the winter dawns.
At present, multiple testing and trial operations have been carried out on the medium and long-term coal contract performance data system. The platform is expected to be officially launched in early November to conduct closed-loop supervision of coal contrast across the country, the National Development and Reform Commission (NDRC) announced on its official WeChat account on Sunday.
In the future, relevant state departments will use the system to record fraudulent and other related violations of laws and regulations in credit records and incorporate them into the national credit information sharing platform, as well as publish them on the “Credit China” website.
The data monitoring system for medium and long-term coal contract performance has been developed and improved by the National Public Credit Information Center and the National Coal Trading Center, under the instruction of the NDRC.
The launch of the system has been praised by industry experts who believe it will effectively resolve the high coal price and smooth the market flow.
“Some companies originally signed agreements with power plants, but because of high coal prices, they temporarily refused to implement them to seek bigger profits. However, such situation will be greatly improved after the system is launched,” Han Xiaoping, chief analyst at energy industry website china5e.com, told the Global Times on Friday.
Han noted that one major hurdle on coal supply lies in those medium- and long-term contracts which often offer a relatively low price.
Speculation and hoarding are the main disruptions in market and will also be further eased after the launch.
In the third quarter alone, the main contract price rose from 735.6 yuan ($115) per ton to a maximum of 1,408.2 yuan ($220), nearly double, according to media reports.
Against this background, performance by the coal industry in Q3 was naturally shining and net profit growth rate of most companies doubled.
The Chinese government has taken measures to secure coal supplies as the top national priority which was followed by import expansion, price capping policy, and market supervision on illegal inventories.
With the gradual improvement of the supply and demand, the level of coal storage in power plants nationwide has rapidly increased. Since October 5, the coal supply for power plants across the country has exceeded coal consumption for 25 consecutive days.
Based on the recent coal supply level, coal storage in power plants is expected to exceed 110 million tons within 3 days reaching a supply of 20 days, a solid foundation to ensure the safe supply of electricity in winter, media reports.
Source: Global Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
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 adjus ...
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 ...
|
|
|
Showing 426 to 430 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Bhushan Steel Limited - India
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Minerals Council of Australia
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Cement Manufacturers Association - India
- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
|
| |
| |
|
