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Thursday, 31 March 22
IMPORTED COAL PRICES TO JUMP 55% IN APR-JUN, IMPACT INDIAN FIRMS: ICRA - LIVEMINT
Supply disruption owing to the Russia-Ukraine conflict could push the price of imported coal by 45-55% in Q1FY23 compared to the previous quarter, ICRA said on Monday, cautioning that coal prices are expected to stay elevated throughout the next financial year.
The sharp price rise assumes special significance as India’s coal stocks in the run-up to the peak summer months, as per the rating agency, remain quite low. Coal stocks this month in Coal India’s pitheads and thermal power generation stations at 74 mt was nearly half of what it had last year (128 mt).
“Prices of imported coal are poised to spike by 45-55% Q-o-Q in Q1 FY2023 as markets face supply disruption following the Russia-Ukraine conflict. Russia remains a key supplier of coal in the seaborne market, accounting for 17% and 10% of the international trade in thermal coal and coking coal respectively,” ICRA said in a report.
Besides, ICRA estimates that India’s domestic coal demand is expected to grow by a modest 5-6% in FY2023 owing to gradual recovery in economic activity.
The rating agency said that the price rise could “severely” impact domestic users of imported coal. A growing number of Western power utilities are also looking to voluntarily place an embargo on Russian coal supplies, which is leading to disruptions in the normal coal trade flows, ICRA said.
The report also said that there is a possibility of the prevailing abnormally high international coal prices moderating as the seaborne market could gradually readjust to the new trade channels following the imposition of sanctions on Russia.
On Sunday, the Union Minister for Steel Ramchandra Prasad Singh said that India is leaning towards continuing to import coking coal from Russia.
Source: Livemint
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Thursday, 12 August 21
ONLY 3 VLCCS SOLD FOR DEMOLITION IN 2021 AS SECONDHAND PRICES TEMPT - BIMCO
During the first seven months of 2021, only three actively trading Very Large Crude Carriers (VLCCs) have been sold for demolition. The current mar ...
Wednesday, 11 August 21
U.S: EIA EXPECTS COAL EXPORTS TO TOTAL 90 MMST IN 2021, 30% INCREASE FROM 2020
Coal production in EIA's forecast totals 607 million short tons (MMst) in 2021, an increase of 13% over 2020.
EIA is also ...
Wednesday, 11 August 21
MARKET INSIGHT - INTERMODAL
Energy is at the core of the global climate dialogue as the climate challenge is essentially an energy challenge. Policy experts around the world a ...
Tuesday, 10 August 21
34 INDONESIAN COAL COMPANIES TEMPORARILY BANNED FOR COAL EXPORTS
The Ministry of Energy and Mineral Resources (ESDM) has imposed sanctions in the form of a coal export ban for 34 coal companies as reported by CNB ...
Monday, 09 August 21
AIIB MAY OFFICIALLY END COAL FINANCING IN 2022 - CHINA DAILY
The Asian Infrastructure Investment Bank may officially rule out coal projects if it updates its energy strategy next year, after shunning funding ...
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- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Borneo Indobara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- ICICI Bank Limited - India
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- The University of Queensland
- Interocean Group of Companies - India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Agrawal Coal Company - India
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Mercuria Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Economic Council, Georgia
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Planning Commission, India
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- MS Steel International - UAE
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