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Wednesday, 05 January 22
CHINA COAL FUTURES SURGE ON SUPPLY WORRIES AMID INDONESIA EXPORT BAN - REUTERS
China’s thermal coal futures surged by as much as 7.8per cent to kick off 2022 on concerns of supply disruptions after Indonesia, its biggest overseas supplier, banned exports.
The most-active thermal coal futures contract, for May delivery, on the Zhengzhou Commodity Exchange opened up 7.3per cent higher and is at 708 yuan (US$111.10) a tonne, up 5.5per cent, at 0225 GMT, on track for its biggest daily increase since Nov. 25.
The increase follows Indonesia’s announcement on Saturday banning coal exports in January because of worries that low supplies at its domestic power plants could lead to widespread blackouts.
China sourced 178 million tonnes of Indonesian coal, mostly thermal coal, in the first 11 months of 2021, accounting for more than 60per cent of its total coal imports, customs data showed.
The ban comes amid a tumultuous time for the coal market after prices surged to records last year because of falling Chinese supply that caused some regional blackouts. Zhengzhou futures climbed to a record 1,848 yuan on Oct. 19.
“Indonesian coal is mainly shipped to coastal regions in eastern and southern China and accounts for about 20per cent of the total supply in the region,” said Zhai Kun, an analyst at Guotai Junan Futures in a note.
The Indonesian export ban is expected to tighten coal supply in the Chinese market since China’s domestic coal output is already at a record high, Zhai said.
China churned out a record 370.84 million tonnes of coal in November to ensure sufficient energy supplies for the winter heating season. But output is forecasted to slip with power plants slowing down their stockpile replenishing while the government carries out crackdowns on illegal mining.
“A supply cut is certain as many Indonesian miners have declared force majeure, but in the meantime China’s domestic supply is ample,” said a Singapore-based coal trader, referring to force majeure, the legal term for when a supplier cannot meet a contract because of forces beyond their control.
Source: Reuters
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Thursday, 31 March 22
CHINA STATE PLANNER ASKS COAL INDEX PROVIDERS TO RECTIFY IRREGULARITIES - REUTERS
China’s state planner has asked some major coal price index providers to rectify “severe irregularities” it had identified in the ...
Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ...
Thursday, 31 March 22
CHINA'S COAL OUTPUT SET FOR MODERATE GROWTH IN 2022 - INDUSTRY BODY - REUTERS
China is expected to see its coal output to grow further in 2022 after hitting a record last year, an industry body forecast on Wednesday, as the c ...
Tuesday, 29 March 22
MEMR OF INDONESIA HAS FIXED COAL PRICE AT US$ 90 PER TONNE FOR DOMESTIC INDUSTRIES EXCEPT SMELTER INDUSTRIES; FOR PLN USD 70 IS APPLICABLE
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has set the selling price of coal for domestic, industrial except metal processing an ...
Monday, 21 March 22
A FORCE MAJEURE TO BE RECKONED WITH - BALTIC EXCHANGE
Sanctions cause payment confusion
This dispute in MUR Shipping BV v. RTI Ltd [2022] EWHC 467 (Comm) related to an owner’s purported exercis ...
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Larsen & Toubro Limited - India
Independent Power Producers Association of India
Bulk Trading Sa - Switzerland
Bayan Resources Tbk. - Indonesia
VISA Power Limited - India
Iligan Light & Power Inc, Philippines
Parry Sugars Refinery, India
Miang Besar Coal Terminal - Indonesia
Orica Mining Services - Indonesia
Global Business Power Corporation, Philippines
Petron Corporation, Philippines
PetroVietnam Power Coal Import and Supply Company
Coalindo Energy - Indonesia
OPG Power Generation Pvt Ltd - India
Meenaskhi Energy Private Limited - India
Grasim Industreis Ltd - India
Malabar Cements Ltd - India
The Treasury - Australian Government
Kobexindo Tractors - Indoneisa
Semirara Mining and Power Corporation, Philippines
Bank of Tokyo Mitsubishi UFJ Ltd
Meralco Power Generation, Philippines
Eastern Coal Council - USA
Australian Coal Association
CNBM International Corporation - China
GN Power Mariveles Coal Plant, Philippines
Neyveli Lignite Corporation Ltd, - India
Ambuja Cements Ltd - India
Parliament of New Zealand
Wood Mackenzie - Singapore
Sinarmas Energy and Mining - Indonesia
Africa Commodities Group - South Africa
IEA Clean Coal Centre - UK
CIMB Investment Bank - Malaysia
Indo Tambangraya Megah - Indonesia
Minerals Council of Australia
Borneo Indobara - Indonesia
Siam City Cement PLC, Thailand
IHS Mccloskey Coal Group - USA
Kideco Jaya Agung - Indonesia
Maharashtra Electricity Regulatory Commission - India
Sree Jayajothi Cements Limited - India
India Bulls Power Limited - India
Merrill Lynch Commodities Europe
Gujarat Electricity Regulatory Commission - India
Sarangani Energy Corporation, Philippines
Rio Tinto Coal - Australia
Eastern Energy - Thailand
Krishnapatnam Port Company Ltd. - India
ASAPP Information Group - India
Truba Alam Manunggal Engineering.Tbk - Indonesia
Altura Mining Limited, Indonesia
Energy Development Corp, Philippines
PNOC Exploration Corporation - Philippines
Oldendorff Carriers - Singapore
Karbindo Abesyapradhi - Indoneisa
Aditya Birla Group - India
GVK Power & Infra Limited - India
Sical Logistics Limited - India
Trasteel International SA, Italy
Antam Resourcindo - Indonesia
Uttam Galva Steels Limited - India
Star Paper Mills Limited - India
Coastal Gujarat Power Limited - India
Jaiprakash Power Ventures ltd
Siam City Cement - Thailand
Directorate General of MIneral and Coal - Indonesia
Electricity Authority, New Zealand
Singapore Mercantile Exchange
Billiton Holdings Pty Ltd - Australia
PowerSource Philippines DevCo
Cigading International Bulk Terminal - Indonesia
Deloitte Consulting - India
Standard Chartered Bank - UAE
GAC Shipping (India) Pvt Ltd
Ind-Barath Power Infra Limited - India
SMG Consultants - Indonesia
Asmin Koalindo Tuhup - Indonesia
Bukit Baiduri Energy - Indonesia
International Coal Ventures Pvt Ltd - India
Georgia Ports Authority, United States
Salva Resources Pvt Ltd - India
SMC Global Power, Philippines
Indogreen Group - Indonesia
Economic Council, Georgia
Mjunction Services Limited - India
Sakthi Sugars Limited - India
Gujarat Mineral Development Corp Ltd - India
Kepco SPC Power Corporation, Philippines
Asia Pacific Energy Resources Ventures Inc, Philippines
Kohat Cement Company Ltd. - Pakistan
Orica Australia Pty. Ltd.
Price Waterhouse Coopers - Russia
Bukit Makmur.PT - Indonesia
Bahari Cakrawala Sebuku - Indonesia
Samtan Co., Ltd - South Korea
Indian Energy Exchange, India
Latin American Coal - Colombia
London Commodity Brokers - England
Ministry of Finance - Indonesia
Simpson Spence & Young - Indonesia
Tamil Nadu electricity Board
Karaikal Port Pvt Ltd - India
Lanco Infratech Ltd - India
SN Aboitiz Power Inc, Philippines
Straits Asia Resources Limited - Singapore
Semirara Mining Corp, Philippines
Directorate Of Revenue Intelligence - India
Sojitz Corporation - Japan
Interocean Group of Companies - India
Bangladesh Power Developement Board
Coal and Oil Company - UAE
Commonwealth Bank - Australia
Kalimantan Lumbung Energi - Indonesia
Leighton Contractors Pty Ltd - Australia
Holcim Trading Pte Ltd - Singapore
Posco Energy - South Korea
Central Electricity Authority - India
Jorong Barutama Greston.PT - Indonesia
Timah Investasi Mineral - Indoneisa
Wilmar Investment Holdings
Romanian Commodities Exchange
Medco Energi Mining Internasional
Madhucon Powers Ltd - India
Kumho Petrochemical, South Korea
Aboitiz Power Corporation - Philippines
Vizag Seaport Private Limited - India
Electricity Generating Authority of Thailand
Attock Cement Pakistan Limited
Bhatia International Limited - India
PTC India Limited - India
Essar Steel Hazira Ltd - India
MS Steel International - UAE
Alfred C Toepfer International GmbH - Germany
Ceylon Electricity Board - Sri Lanka
Banpu Public Company Limited - Thailand
Cement Manufacturers Association - India
Bukit Asam (Persero) Tbk - Indonesia
Mintek Dendrill Indonesia
Metalloyd Limited - United Kingdom
Indian Oil Corporation Limited
Jindal Steel & Power Ltd - India
Pendopo Energi Batubara - Indonesia
Kaltim Prima Coal - Indonesia
Pipit Mutiara Jaya. PT, Indonesia
The University of Queensland
Baramulti Group, Indonesia
South Luzon Thermal Energy Corporation
Tata Chemicals Ltd - India
Kapuas Tunggal Persada - Indonesia
Chamber of Mines of South Africa
Global Green Power PLC Corporation, Philippines
Formosa Plastics Group - Taiwan
Binh Thuan Hamico - Vietnam
Thai Mozambique Logistica
Manunggal Multi Energi - Indonesia
Toyota Tsusho Corporation, Japan
LBH Netherlands Bv - Netherlands
Global Coal Blending Company Limited - Australia
Dalmia Cement Bharat India
McConnell Dowell - Australia
Marubeni Corporation - India
Vedanta Resources Plc - India
Ministry of Mines - Canada
European Bulk Services B.V. - Netherlands
Barasentosa Lestari - Indonesia
Vijayanagar Sugar Pvt Ltd - India
Dr Ramakrishna Prasad Power Pvt Ltd - India
Makarim & Taira - Indonesia
Power Finance Corporation Ltd., India
White Energy Company Limited
Globalindo Alam Lestari - Indonesia
Therma Luzon, Inc, Philippines
Ministry of Transport, Egypt
Edison Trading Spa - Italy
Renaissance Capital - South Africa
Planning Commission, India
Energy Link Ltd, New Zealand
New Zealand Coal & Carbon
Gujarat Sidhee Cement - India
Petrochimia International Co. Ltd.- Taiwan
Port Waratah Coal Services - Australia
Australian Commodity Traders Exchange
Videocon Industries ltd - India
Chettinad Cement Corporation Ltd - India
Rashtriya Ispat Nigam Limited - India
Bhushan Steel Limited - India
Anglo American - United Kingdom
Thiess Contractors Indonesia
Agrawal Coal Company - India
Central Java Power - Indonesia
Dong Bac Coal Mineral Investment Coporation - Vietnam
Bhoruka Overseas - Indonesia
Mercator Lines Limited - India
Riau Bara Harum - Indonesia
Intertek Mineral Services - Indonesia
San Jose City I Power Corp, Philippines
ICICI Bank Limited - India
Maheswari Brothers Coal Limited - India
AsiaOL BioFuels Corp., Philippines
Xindia Steels Limited - India
Goldman Sachs - Singapore
The State Trading Corporation of India Ltd
Kartika Selabumi Mining - Indonesia
TNB Fuel Sdn Bhd - Malaysia
Savvy Resources Ltd - HongKong
Heidelberg Cement - Germany
Sindya Power Generating Company Private Ltd
Indonesian Coal Mining Association
Indika Energy - Indonesia
Filglen & Citicon Mining (HK) Ltd - Hong Kong
GMR Energy Limited - India
TeaM Sual Corporation - Philippines