COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Thursday, 04 November 21
CHINA'S COAL MARKET SEES SIGNIFICANT IMPROVEMENTS: NDRC - GLOBAL TIMES
China’s top economic planner has declared initial success in its efforts to ensure coal supply and stabilize prices, saying that daily coal output has reached a peak in recent years and prices have dropped sharply over the past week.
 
“The work of ensuring coal supply and price stabilization has achieved initial results, and the national coal supply and demand situation has improved significantly,” the National Development and Reform Commission (NDRC) said in a statement.
 
Based on recent coal supplies, power plants in China are expected to stock more than 110 million tons of coal, enough to sustain national usage for 20 days in order to ensure power supply and a warm winter for the Chinese people, the NDRC said.
 
Since late October, daily coal output in China has held at more than 11.5 million tons, increasing nearly 1.1 million tons compared with late September. Daily output reached as much as 11.72 million tons, the highest level in recent years, according to the economic planner.
 
The coal inventory at the port of Qinhuangdao in East China’s Shandong Province, a benchmark of China’s coal supplies, surpassed 5 million tons, a sign of major progress.
 
Meanwhile, rising supplies and policy factors sent prices of coal futures and spot coal diving.
 
Prices of thermal coal contracts fell for eight consecutive days with the cumulative decline hitting 50.9 percent. On Friday, the main futures contract closed at 970 yuan ($151.6) per ton.
 
The settlement price of 5,500 kilocalorie thermal coal at ports has declined to 1,500 yuan per ton and 1,200 yuan at coal pits, down nearly 1,000 yuan compared with a week earlier, said the NDRC.
 
“Coal prices have dropped enormously and I cannot tell when it will end,” Zhao Yang, co-founder of Chinese coal market information site Meitan Jianghu, told the Global Times on Monday.
 
Traders are watching the market and avoiding deals amid the country’s regulatory efforts, Zhao said.
 
Since October 5, coal supplies surpassed coal consumption at national power plants for 25 consecutive days.
 
In northeastern China, one of the nation’s coldest regions, the inventory is now 12.7 million tons, doubling the level of late September and enough for 32 days of consumption.
 
A source in a coal power plant in North China’s Inner Mongolia Autonomous Region told the Global Times on Monday that coal stocks at the plant can last for at least 20 days. He noted that the maximum coal stock volume is 350,000 tons.
 
“Even though the coal price has fallen sharply since the government called for increasing output, the cost for coal transportation has risen for multiple reasons including tighter epidemic prevention and control measures due to the latest COVID-19 flare-ups, as well as the surging fuel prices,” said the source.
 
North China’s Shanxi Province, the country’s main coal mining hub, has completed the signing of medium- and long-term contracts for 53 million tons with 14 provinces, regions and municipalities, according to media reports on Monday. Local authorities have also moved to crack down on hoarding, price gouging and other illegal activities to curb soaring prices.
Source: Global Times


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 26 January 22
MARKET INSIGHT - INTERMODAL
While it is logical that most of the S&P reports of the first weeks of the year are linked to very limited activity as reflected in the weekly ...


Wednesday, 26 January 22
INDONESIA: DME PROJECT IS ECONOMICALLY VIABLE AS STUDY DEMONSTRATES
The government is encouraging downstream coal processing or increase in coal added value, for example by turning coal into Dimethyl Ether (DME) to ...


Wednesday, 26 January 22
COMMODITY PRICES COULD SOAR IF THE RUSSIA-UKRAINE CRISIS ESCALATES - ING
It appears that a number of commodity markets are starting to at least price in some geopolitical risk around the growing tension between Russia an ...


Wednesday, 26 January 22
INDONESIA'S COAL BAN SENDS PRICES SOARING, OTHER EXPORTERS FAIL TO STEP UP - REUTERS
Indonesia’s short-lived ban on exporting coal has sent ructions through the seaborne market for the fuel in Asia, with the fallout likely to ...


Friday, 21 January 22
CHINA'S POWER TRADING TARIFFS TO RISE IN 2022 - FITCH RATINGS
Rising trading volume and higher-than-benchmark tariffs in the 2022 bilateral contracts signed between Chinese power generation companies (gencos) ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6503
News by Category
Popular News
 
Total Members : 27,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Wood Mackenzie - Singapore
  • Agrawal Coal Company - India
  • Lanco Infratech Ltd - India
  • GAC Shipping (India) Pvt Ltd
  • Samsung - South Korea
  • Metalloyd Limited - United Kingdom
  • PetroVietnam
  • Ministry of Finance - Indonesia
  • Manunggal Multi Energi - Indonesia
  • Argus Media - Singapore
  • Platou - Singapore
  • GB Group - China
  • World Bank
  • Rashtriya Ispat Nigam Limited - India
  • Clarksons - UK
  • The University of Queensland
  • globalCOAL - UK
  • Coastal Gujarat Power Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Singapore Mercantile Exchange
  • Karbindo Abesyapradhi - Indoneisa
  • Bangladesh Power Developement Board
  • Bayan Resources Tbk. - Indonesia
  • U S Energy Resources
  • PowerSource Philippines DevCo
  • GVK Power & Infra Limited - India
  • KOWEPO - South Korea
  • bp singapore
  • Adaro Indonesia
  • Adani Power Ltd - India
  • Star Paper Mills Limited - India
  • Central Electricity Authority - India
  • Jorong Barutama Greston.PT - Indonesia
  • J M Baxi & Co - India
  • Sakthi Sugars Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Salva Resources Pvt Ltd - India
  • Siam City Cement PLC, Thailand
  • ETA - Dubai
  • Malabar Cements Ltd - India
  • Peabody Energy - USA
  • Kalimantan Lumbung Energi - Indonesia
  • KPMG - USA
  • Globalindo Alam Lestari - Indonesia
  • Kumho Petrochemical, South Korea
  • Cosco
  • Indian Energy Exchange, India
  • Humpuss - Indonesia
  • Interocean Group of Companies - India
  • Bhushan Steel Limited - India
  • Maruti Cements - India
  • CESC Limited - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Aditya Birla Group - India
  • New Zealand Coal & Carbon
  • World Coal - UK
  • Runge Indonesia
  • Binh Thuan Hamico - Vietnam
  • Coal Orbis AG
  • WorleyParsons
  • Core Mineral Indonesia
  • IEA Clean Coal Centre - UK
  • India Bulls Power Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • Orica Mining Services - Indonesia
  • Glencore India Pvt. Ltd
  • Krishnapatnam Port Company Ltd. - India
  • Iligan Light & Power Inc, Philippines
  • Vedanta Resources Plc - India
  • Mitsubishi Corporation
  • Coeclerici Indonesia
  • ACC Limited - India
  • Siam City Cement - Thailand
  • The Treasury - Australian Government
  • Energy Link Ltd, New Zealand
  • UOB Asia (HK) Ltd
  • Australian Coal Association
  • European Bulk Services B.V. - Netherlands
  • Port Waratah Coal Services - Australia
  • ASAPP Information Group - India
  • Videocon Industries ltd - India
  • Medco Energi Mining Internasional
  • Noble Europe Ltd - UK
  • Uttam Galva Steels Limited - India
  • Orica Australia Pty. Ltd.
  • White Energy Company Limited
  • Ceylon Electricity Board - Sri Lanka
  • Coaltrans Conferences
  • Leighton Contractors Pty Ltd - Australia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • TGV SRAAC LIMITED, India
  • Petrosea - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • RBS Sempra - UK
  • Neyveli Lignite Corporation Ltd, - India
  • Japan Coal Energy Center
  • Inco-Indonesia
  • IBC Asia (S) Pte Ltd
  • Oldendorff Carriers - Singapore
  • Sucofindo - Indonesia
  • Panama Canal Authority
  • Bank of China, Malaysia
  • Gujarat Mineral Development Corp Ltd - India
  • Thermax Limited - India
  • Gujarat Sidhee Cement - India
  • Independent Power Producers Association of India
  • Trasteel International SA, Italy
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • PLN Batubara - Indonesia
  • Reliance Power - India
  • Timah Investasi Mineral - Indoneisa
  • Pinang Coal Indonesia
  • Mitsui
  • Straits Asia Resources Limited - Singapore
  • Mechel - Russia
  • Geoservices-GeoAssay Lab
  • Thai Mozambique Logistica
  • Mitra SK Pvt Ltd - India
  • Vitol - Bahrain
  • Merrill Lynch Bank
  • Indonesian Coal Mining Association
  • Indo Tambangraya Megah - Indonesia
  • ING Bank NV - Singapore
  • Eastern Coal Council - USA
  • CCIC - Indonesia
  • San Jose City I Power Corp, Philippines
  • Simpson Spence & Young - Indonesia
  • PTC India Limited - India
  • Economic Council, Georgia
  • Freeport Indonesia
  • Kobexindo Tractors - Indoneisa
  • Mjunction Services Limited - India
  • SUEK AG - Indonesia
  • Ministry of Mines - Canada
  • Indika Energy - Indonesia
  • Anglo American - United Kingdom
  • Standard Chartered Bank - UAE
  • Goldman Sachs - Singapore
  • MEC Coal - Indonesia
  • The India Cements Ltd
  • Therma Luzon, Inc, Philippines
  • Pipit Mutiara Jaya. PT, Indonesia
  • Riau Bara Harum - Indonesia
  • Sical Logistics Limited - India
  • Electricity Generating Authority of Thailand
  • Moodys - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Bhoruka Overseas - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Bank of America
  • Posco Energy - South Korea
  • PNOC Exploration Corporation - Philippines
  • Australian Commodity Traders Exchange
  • GMR Energy Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • OCBC - Singapore
  • Vale Mozambique
  • Bukit Makmur.PT - Indonesia
  • Asia Cement - Taiwan
  • TANGEDCO India
  • BNP Paribas - Singapore
  • DBS Bank - Singapore
  • Renaissance Capital - South Africa
  • London Commodity Brokers - England
  • Deloitte Consulting - India
  • Banpu Public Company Limited - Thailand
  • TeaM Sual Corporation - Philippines
  • KPCL - India
  • JPower - Japan
  • Indonesia Power. PT
  • Minerals Council of Australia
  • Savvy Resources Ltd - HongKong
  • Directorate Of Revenue Intelligence - India
  • Africa Commodities Group - South Africa
  • UBS Singapore
  • Baramulti Group, Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Lafarge - France
  • International Coal Ventures Pvt Ltd - India
  • Maybank - Singapore
  • VISA Power Limited - India
  • Larsen & Toubro Limited - India
  • SMG Consultants - Indonesia
  • Shree Cement - India
  • Power Finance Corporation Ltd., India
  • Jaiprakash Power Ventures ltd
  • Xstrata Coal
  • Pendopo Energi Batubara - Indonesia
  • IHS Mccloskey Coal Group - USA
  • CIMB Investment Bank - Malaysia
  • Cargill India Pvt Ltd
  • Maheswari Brothers Coal Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Semirara Mining and Power Corporation, Philippines
  • Rio Tinto Coal - Australia
  • Ministry of Transport, Egypt
  • Ernst & Young Pvt. Ltd.
  • McConnell Dowell - Australia
  • LBH Netherlands Bv - Netherlands
  • Rudhra Energy - India
  • Latin American Coal - Colombia
  • Ambuja Cements Ltd - India
  • Indian School of Mines
  • Indian Oil Corporation Limited
  • EMO - The Netherlands
  • Meralco Power Generation, Philippines
  • Gupta Coal India Ltd
  • Asian Development Bank
  • Maersk Broker
  • APGENCO India
  • Vijayanagar Sugar Pvt Ltd - India
  • Enel Italy
  • Sojitz Corporation - Japan
  • Dalmia Cement Bharat India
  • Marubeni Corporation - India
  • Holcim Trading Pte Ltd - Singapore
  • Carbofer General Trading SA - India
  • CNBM International Corporation - China
  • NTPC Limited - India
  • Kaltim Prima Coal - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Berau Coal - Indonesia
  • Bhatia International Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Kobe Steel Ltd - Japan
  • GHCL Limited - India
  • SRK Consulting
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Idemitsu - Japan
  • Ince & co LLP
  • The State Trading Corporation of India Ltd
  • BRS Brokers - Singapore
  • Planning Commission, India
  • Parry Sugars Refinery, India
  • Malco - India
  • Sree Jayajothi Cements Limited - India
  • Grasim Industreis Ltd - India
  • Arutmin Indonesia
  • IMC Shipping - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Shenhua Group - China
  • KEPCO - South Korea
  • Wilmar Investment Holdings
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • NALCO India
  • SMC Global Power, Philippines
  • Kartika Selabumi Mining - Indonesia
  • Semirara Mining Corp, Philippines
  • Antam Resourcindo - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Global Coal Blending Company Limited - Australia
  • Britmindo - Indonesia
  • Mintek Dendrill Indonesia
  • Indogreen Group - Indonesia
  • GNFC Limited - India
  • South Luzon Thermal Energy Corporation
  • Xindia Steels Limited - India
  • Aboitiz Power Corporation - Philippines
  • IOL Indonesia
  • Coal India Limited
  • Cebu Energy, Philippines
  • Sinarmas Energy and Mining - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Commonwealth Bank - Australia
  • SN Aboitiz Power Inc, Philippines
  • Central Java Power - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Georgia Ports Authority, United States
  • TNPL - India
  • Romanian Commodities Exchange
  • Alfred C Toepfer International GmbH - Germany
  • Platts
  • Essar Steel Hazira Ltd - India
  • Russian Coal LLC
  • Samtan Co., Ltd - South Korea
  • TRAFIGURA, South Korea
  • Tata Chemicals Ltd - India
  • ANZ Bank - Australia
  • Billiton Holdings Pty Ltd - Australia
  • Infraline Energy - India
  • HSBC - Hong Kong
  • JPMorgan - India
  • Price Waterhouse Coopers - Russia
  • Eastern Energy - Thailand
  • Borneo Indobara - Indonesia
  • Thomson Reuters GRC
  • SGS (Thailand) Limited
  • Parliament of New Zealand
  • Asmin Koalindo Tuhup - Indonesia
  • McKinsey & Co - India
  • GN Power Mariveles Coal Plant, Philippines
  • Cement Manufacturers Association - India
  • EIA - United States
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Bulk Trading Sa - Switzerland
  • Meenaskhi Energy Private Limited - India
  • SASOL - South Africa
  • CoalTek, United States
  • Thriveni
  • Gresik Semen - Indonesia
  • Bangkok Bank PCL
  • Thailand Anthracite
  • MS Steel International - UAE
  • Madhucon Powers Ltd - India
  • Thiess Contractors Indonesia
  • Intertek Mineral Services - Indonesia
  • Permata Bank - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Barclays Capital - USA
  • Cemex - Philippines
  • Electricity Authority, New Zealand
  • ICICI Bank Limited - India
  • Surastha Cement
  • Fearnleys - India
  • Tata Power - India
  • Tamil Nadu electricity Board
  • Formosa Plastics Group - Taiwan
  • Barasentosa Lestari - Indonesia
  • Bharathi Cement Corporation - India
  • Indorama - Singapore
  • Merrill Lynch Commodities Europe
  • Bukit Asam (Persero) Tbk - Indonesia
  • Chamber of Mines of South Africa
  • Mercator Lines Limited - India
  • Coalindo Energy - Indonesia
  • Global Business Power Corporation, Philippines
  • Coal and Oil Company - UAE
  • Heidelberg Cement - Germany
  • Sindya Power Generating Company Private Ltd
  • Altura Mining Limited, Indonesia
  • Mercuria Energy - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Sarangani Energy Corporation, Philippines
  • Qatrana Cement - Jordan
  • Inspectorate - India
  • Cardiff University - UK
  • Vizag Seaport Private Limited - India
  • Deutsche Bank - India
  • PLN - Indonesia
  • Makarim & Taira - Indonesia
  • Credit Suisse - India
  • Arch Coal - USA
  • Energy Development Corp, Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • Attock Cement Pakistan Limited
  • Kepco SPC Power Corporation, Philippines
  • Jindal Steel & Power Ltd - India
  • Total Coal South Africa
  • Jatenergy - Australia
  • Edison Trading Spa - Italy
  • Tanito Harum - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Petron Corporation, Philippines