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Wednesday, 09 February 22
CHINESE COAL MARKS BEST DAY IN 4 MONTHS ON TIGHT SUPPLY, HIGH DEMAND - REUTERS
China’s coal futures on Tuesday recorded their best session since Bejing’s mid-October intervention to cool runaway prices, aided by concerns over tight domestic supply and demand rebounding after the Lunar New Year holidays.
The most-active thermal coal futures on the Zhengzhou Commodity Exchange closed up 10% at 876.8 yuan ($137.81) a tonne on Tuesday, a level last seen on Oct. 29. The contract gained 5% on Monday.
Dalian coking coal jumped 7.6% on Tuesday.
Total coal inventory at major Chinese ports was at 46.88 million tonnes – the lowest in a year – before the holidays started on Jan. 31, data compiled by the China Coal Transportation and Distribution Association showed.
The association has not published the latest data, but traders and analysts said coal inflows from miners to ports were low in the past week due to slow operation and logistics during the holiday break.
As the central government urged the state-owned coal mines to prioritise supply to power plants to avoid another widespread electricity outage, industrial customers grappled with a shortage of coal.
“The futures market is essentially just reflecting the very tight conditions in the physical market. Spot cargoes are very difficult to obtain as most coal production is delivering into longer term contracts,” said Rystad Energy analyst Steve Hulton.
The benchmark spot price of 5,500 kcal thermal coal in northern Chinese ports reached 1,050 yuan a tonne, closing to the unofficial price cap of 1,100 yuan a tonne.
Market participants expect daily coal consumption to pick up as more industrial users are resuming operations after the holiday and cold weather in southern China would boost power demand.
China’s National Meteorological Centre on Tuesday said temperatures in most Chinese regions will be 1-3 degrees Celsius lower than the historical average levels in the next 11-20 days.
But analysts and traders expect the rally of coal prices to be a short-term problem as more coal mines will reopen from the holiday break.
Dennis Ip, head of China energy research at Daiwa Capital Markets, expects spot coal prices to drop to a level below 1,000 yuan a tonne in late-February to March, and then gradually to fall back to 600-700 yuan a tonne level over the second quarter.
Source: Reuters
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Saturday, 09 October 21
CHINA POWER CUTS: COAL MINERS ORDERED TO BOOST OUTPUT, SAY REPORTS - BBC
Beijing has reportedly ordered China’s coal mines to boost output as an energy shortage across the country has seen millions of homes and bus ...
Friday, 08 October 21
SEPTEMBER CRUDE OIL TANKER DEMOLISHING HITS 39-MONTHS HIGH AT 1.9M DWT - PETER SAND
Has the lid finally come off for crude oil tanker demolition in 2021? If judged by the 1.9m DWT of capacity that was removed in September, the answ ...
Friday, 08 October 21
COAL SHORTAGE MAY LEAD TO RISE IN STEEL PRICES IN COMING MONTHS: JSPL MD - PTI
Steel prices are expected to increase in the coming months as companies are buying coal at three times the rates a month ago, said a top industry e ...
Wednesday, 06 October 21
INDONESIA COAL PRICE REFERENCE: ANOTHER MONTH, ANOTHER RALLY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second and third quarters of 2021 as it reached a pinnacle of $161.63 Oc ...
Wednesday, 06 October 21
EUROPEAN COAL FUTURES CLIMB TO 13-YEAR PEAK - REUTERS
European coal futures rose to a 13-year high and physical thermal coal prices were at record highs as rallying gas prices and strong Asian demand f ...
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- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- MS Steel International - UAE
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- PowerSource Philippines DevCo
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Interocean Group of Companies - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Heidelberg Cement - Germany
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- The University of Queensland
- Sojitz Corporation - Japan
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Alfred C Toepfer International GmbH - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
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