We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 09 February 22
MARKET INSIGHT - INTERMODAL
 Iron ore prices have jumped significantly in the week prior to the Chinese New Year with traders and producers stocking up on raw materials. China’s stronger-than-expected steel production, combined with an aggressive restocking of inventory levels and the country’s ports had driven iron ore prices well above expectations.
Iron ore stocks have also spiked as analysts upgrade their price forecasts for the commodity on the back of another unexpected recovery. The record prices of last May tumbled unexpectedly fast to under $US100 a tonne, and currently iron ore is taking the pundits again by surprise with a new run that now has it back near $US150/t. The sentiment is apparently still driven by signals about increased infrastructure spending in China and upgraded price forecasts. Nevertheless, and apart from the price of the commodity itself, it is very important that we still see the good fundamentals and dynamics there, which in any case support our overall optimism and hopes that better and more stable freight rates for Capes must be around the corner.
Looking at Australian iron ore exports to China, it is positive to see they remained robust last month despite the backdrop of rising market prices due to multiple factors including weather disruption and labor “shortage” concerns. Industry analysts said the proportion of Australian iron ore in China’s total iron ore imports may be reduced to below 60 percent in 2022 for the first time since 2015, especially as China is still diversifying its sources of supplies and deepening industry upgrading while pursuing low-carbon targets at the same time.
The price of iron ore was also reflected in the rising imports in China in recent weeks, and perhaps it is more important to keep an eye on inventory levels as well. According to data from industry sources, the total inventory of iron ore imported by steel mills across China reached about 117.57 million tons this week, an increase of 470,200 tons from the previous month. Of course it is always possible that the price increase could simply and perhaps only be related to seasonal speculation itself.
Overall since 2015, China’s iron ore imports from Australia and Brazil have accounted for nearly 80 percent of all imports, of which imports from Australia have exceeded 60 percent. Bilateral relations have soured again recently due to Australia’s attitude toward China, which has caused disruption for trade activities. Iron ore exports are still among the few remaining products that are still in high demand in China, partly due to the needs of the domestic construction sector. However, the expectation is that import proportion from Australia in 2022 is likely to drop below 60 percent, having been 61.6 percent in 2021 and 62.5 percent in 2020. We also hear a lot about the change in policy and the potential domestic supply of iron ore in China, not sure however if all this is something that will really re-shape the market dynamics in the future.
By Christopher Whitty,
Director, Towage & Marine Port Services
Compiled by:
Intermodal Research & Valuations
Analysts:
Yiannis Parganas
Tamara Apostolou
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 09 August 21
CHINA COAL INVENTORY THINS AMID PEAK POWER DEMAND- STATE MEDIA : REUTERS
China’s coal inventories have dropped to near historic lows since August due to peak summer electricity demand and transportation bottlenecks ...
Wednesday, 04 August 21
THE INDONESIAN COAL PRICE REFERENCE SURGED TO A FRESH RECORD HIGH OF USD 130.99 A TON IN AUGUST 2021
COALspot.com: The Indonesian Coal Price Reference ( HBA) surged to a fresh record high of USD 130.99 a ton in August 2021.
The ...
Wednesday, 04 August 21
MARKET INSIGHT - INTERMODAL
Unlike the Dry Bulk and Container sectors where freight rates have surged into 2021, the tankers market continues to experience lackluster earnings ...
Sunday, 01 August 21
SEABORNE HARD COAL TRADE IN 2020 DECREASED BY 149 MILLION MT, OR 12.1%, TO 1,083 MILLION MT - GERMAN COAL IMPORTERS ASSOCIATION
- Reduced coal-fired power plant fleet secures Germany’s power supply in severe winter of 2020/2021; little wind availability and hence stron ...
Wednesday, 28 July 21
IN THE PHILIPPINES, COAL’S DEMISE MAKES WAY FOR A RENEWABLE ENERGY BOOM - IEEFA
Imported gas lock-in could undermine the economic benefits of a clean energy transition
The Philippines’ energy sector is on t ...
|
|
|
Showing 511 to 515 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Central Java Power - Indonesia
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Bhatia International Limited - India
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- IHS Mccloskey Coal Group - USA
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- White Energy Company Limited
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Posco Energy - South Korea
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
|
| |
| |
|
