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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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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- AsiaOL BioFuels Corp., Philippines
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Ambuja Cements Ltd - India
- The University of Queensland
- Malabar Cements Ltd - India
- VISA Power Limited - India
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Planning Commission, India
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- PNOC Exploration Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Sinarmas Energy and Mining - Indonesia
- Edison Trading Spa - Italy
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Coastal Gujarat Power Limited - India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Semirara Mining and Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Petron Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Bukit Baiduri Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
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