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Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, and has told miners and power plants to maximise signing up next year’s supplies via term contracts, Chinese media Caixin reported on Friday.
At a national coal trade fair on Friday, the National Development and Reform Commission (NDRC) set the benchmark 5,500 kilocal coal at 550-850 yuan per tonne for 2022, including the mean of prices ex-port at 700 yuan, as per the Caixin report.
Since late-October, Beijing has rolled out a series of interventions, including setting an immediate ex-mine price target and ordering rapid boost in production to cool red-hot prices, measures that have proven effective in easing a power shortage much feared of for this winter.
The NDRC did not immediately respond to a request for comment.
At 700 yuan, it compared to an earlier market expectation of 535 yuan and this year’s average at around 640 yuan, said a Singapore-based Chinese coal trader.
“We see the new term prices a result of rounds of negotiations between miners and utilities. For traders, at least it offers some level of price clarity going forward,” said the trader.
Using a mechanism of a benchmark price plus a floating range, the 2022 annual prices are subjected for monthly re-adjustments, the report added.
Power plants are asked to sign up full amount of supplies under term agreements except for the volumes they secure via imports.
Chinese thermal coal futures last traded at 854 yuan/tonne at 0700 GMT on Friday. The contract has largely traded rangebound between 800 and 1,000 yuan over the past month, having halved from record at nearly 2,000 yuan in mid-October.
Source: Reuters
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Thursday, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...
Thursday, 23 December 21
INDONESIA’S 2022 COAL OUTPUT SEEN BETWEEN 637 MLN-664 MLN T- OFFICIAL - REUTERS
Indonesia’s 2022 coal output is estimated at between 637 million to 664 million tonnes based on production plans currently being finalised, s ...
Thursday, 23 December 21
VALE ANNOUNCES THE SALE OF ITS COAL ASSETS
Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corrido ...
Thursday, 23 December 21
INDIA: CAPTIVE POWER PRODUCERS URGE GOVT TO ENSURE NORMAL COAL SUPPLIES - PTI
A captive power producers’ association has urged the government for 100 per cent normalisation of coal supply to captive power producers whil ...
Thursday, 23 December 21
MARKET INSIGHT - INTERMODAL
As an outstanding year for the dry bulk freight market comes to a close, so does a thriving year for the SnP market which can only be compared to 2 ...
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- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Georgia Ports Authority, United States
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Economic Council, Georgia
- Independent Power Producers Association of India
- Leighton Contractors Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Coal and Oil Company - UAE
- Siam City Cement - Thailand
- MS Steel International - UAE
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Aboitiz Power Corporation - Philippines
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Planning Commission, India
- Orica Australia Pty. Ltd.
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