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Friday, 26 November 21
CHINA FINDS COMPLIANCE PROBLEMS IN COAL PRICE INDEX PROBE - REUTERS
China’s state planner on Wednesday said it had discovered some “noncompliant” behaviour among coal price index providers as it announced the preliminary results of a probe into the industry.
The National Development and Reform Commission (NDRC) had announced the probe a month ago, saying it wanted to standardise conduct in the energy index provider business as part of its crackdown on record-high coal prices that were a key contributor to widespread power shortages in China.
“Judging from the preliminary assessment and compliance review, some coal price index behaviour has non-compliance problems,” the NDRC said on Wednesday, adding that this had “misled the market and … caused the price increase to deviate from the fundamentals of supply and demand.”
It did not name any of the 12 companies it said had been probed or specify how some of them had been noncompliant.
Dozens of organisations provide coal pricing data in China and their assessments can be used by traders as a basis for physical transactions.
China’s thermal coal futures CZCcv1 hit a record high of 1,982 yuan ($310) a tonne on Oct. 19, which was more than five times higher than a year earlier. They have since more than halved to around 940 yuan as authorities signalled a willingness to intervene in pricing and ordered miners to boost output.
Thermal coal was trading up more than 5% by 1400 GMT in night trading on Wednesday and remains up around 80% year-to-date.
The NDRC said it would further verify the issues identified in its probe and take disciplinary measures such as publicly naming the companies found to be non-compliant.
Other possible measures include ordering rectifications by a certain date, suspending publication of an index and including companies on a list of “untrustworthy entities”, it said, adding that any illegal behaviour uncovered would be investigated in accordance with the law.
Source: Reuters
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Tuesday, 16 November 21
CHINA'S MONTHLY COAL OUTPUT RISES TO HIGHEST SINCE MARCH 2015 - REUTERS
China’s October coal output rose to the highest since at least March 2015, after Beijing approved a raft of coal mine expansions to tame reco ...
Friday, 12 November 21
RUSSIA-INDIA COKING COAL DEAL UNLIKELY TO IMPACT PANAMAX SHIPPING - DREWRY
Russia and India have recently entered into an agreement whereby Russia will supply up to 40 million tonnes of coking coal to India every year. Dre ...
Friday, 12 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...
Friday, 12 November 21
INDONESIAN COAL PRICE REFERENCE TOPS $215 A TON; THE HIGHEST COAL PRICE IN HISTORY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second half of 2021 as it reached a pinnacle of $215.01 in November 2021 ...
Thursday, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...
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- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Mercator Lines Limited - India
- Deloitte Consulting - India
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Australian Coal Association
- Agrawal Coal Company - India
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Edison Trading Spa - Italy
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Videocon Industries ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
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