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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, 01 December 21
MARKET INSIGHT - INTERMODAL
Essentially, anyone involved in the shipping and commodity markets still struggle with commodity supply issues and skyrocketing prices in the conte ...
Tuesday, 30 November 21
CHINA'S TOP ECONOMIC PLANNER SUMMONS COAL PRODUCERS; LONG-TERM PRICING MECHANISM IS ADVISED - GLOBAL TIMES
China’s top economic planner the National Development and Reform Commission (NDRC) said on Monday that they summoned coal producers for a hea ...
Tuesday, 30 November 21
CHINA'S COAL PRICES PLUNGE AFTER GOVT SIGNALS MORE PRICE REGULATION - REUTERS
China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signaled further regulations for prices of the dirty pow ...
Friday, 26 November 21
AS COAL MARKET STABILIZES, CHINA STEPS UP NATURAL GAS SUPPLY TO MEET WINTER DEMAND - GLOBAL TIMES
The daily supply of natural gas in China has exceeded 1 billion cubic meters (bcm) since November began, up 11 percent year-on-year, data from stat ...
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 an ...
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- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- CIMB Investment Bank - Malaysia
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- South Luzon Thermal Energy Corporation
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Ministry of Transport, Egypt
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Gujarat Sidhee Cement - India
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Karaikal Port Pvt Ltd - India
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Semirara Mining and Power Corporation, Philippines
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Agrawal Coal Company - India
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
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