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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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Wednesday, 05 January 22
INDONESIA WARNS COAL SUPPLY CRUNCH NOT OVER AS CHINA PRICES RALLY - REUTERS
Indonesia has warned that its coal supply situation remains critical, ahead of Wednesday’s (Jan 5) review of its export ban, unnerving global ...
Tuesday, 28 December 21
INDIA'S ADANI NEARS FIRST COAL SHIPMENT FROM SHUNNED AUSTRALIAN MINE - REUTERS
India’s Adani Group ADEL.NS is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling a seven- ...
Thursday, 23 December 21
COAL TO STAY AS MAJOR SOURCE OF ENERGY IN FORESEEABLE FUTURE: JOSHI - BUSINESS STANDARD
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament w ...
Thursday, 23 December 21
ANNUAL U.S. COAL-FIRED ELECTRICITY GENERATION WILL INCREASE FOR THE FIRST TIME SINCE 2014 - EIA
From December 20 through December 30, Today in Energy will feature some of our favorite articles from 2021. Today’s article was originally pu ...
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 ...
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- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Alfred C Toepfer International GmbH - Germany
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Australian Coal Association
- Anglo American - United Kingdom
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Mintek Dendrill Indonesia
- Iligan Light & Power Inc, Philippines
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Indogreen Group - Indonesia
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- White Energy Company Limited
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- The University of Queensland
- Deloitte Consulting - India
- Borneo Indobara - Indonesia
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Ambuja Cements Ltd - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
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