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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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Saturday, 11 December 21
BUNKER BUYERS LOSE UP TO $5/MT FOR NOT COVERING ENOUGH SUPPLIERS - INTEGR8 FUELS
With the Brent price recently touching the $80 mark and before the Omicron variant concerns pushed it lower, bunker prices reached levels not seen ...
Tuesday, 07 December 21
SUPERCYCLE DEMAND: ARE WE THERE YET? - WOOD MACKENZIE
Taking young children on a long journey is fraught with challenges, not least the inevitable question a few minutes after leaving: are we there yet ...
Tuesday, 07 December 21
COAL WOULD REMAIN ENERGY LEADER FOR AT LEAST 15 YEARS - LIVEMINT
Coal India Ltd (CIL) has been in the eye of the storm after fuel stocks at coal-fuelled power plants depleted in October. Fuel stocks since are bei ...
Tuesday, 07 December 21
GLOBAL SHIPPING OUTLOOK TURNS STABLE FROM POSITIVE ON THE BACK OF PEAKING EARNINGS DURING 2021 - MOODY'S
The outlook for the global shipping industry is changed to stable from positive for the next 12 to 18 months due to demand slightly outstripping su ...
Tuesday, 07 December 21
COAL FIRMS SEE SHARE PRICES SURGE MONDAY, AFTER GOVERNMENT READJUSTS CONTRACT PRICES - GLOBAL TIMES
Share prices of China’s coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal pric ...
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- Indo Tambangraya Megah - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Sree Jayajothi Cements Limited - India
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Ambuja Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Trasteel International SA, Italy
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- London Commodity Brokers - England
- Agrawal Coal Company - India
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Economic Council, Georgia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Australian Coal Association
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Central Java Power - Indonesia
- VISA Power Limited - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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