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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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Friday, 23 September 22
CHINA DIGS DEEP TO RAISE COAL OUTPUT TO RECORD HIGH - REUTERS
China’s coal production has surged this year as the government seeks to improve energy security by reducing dependence on imports and amassin ...
Friday, 23 September 22
EUROPEAN STEEL BUYERS SEEK DIRECTION IN VOLATILE MARKET - MEPS INTERNATIONAL
Demand for steel is slow to recover, after the summer break. Mill production costs continue to increase. Steel purchasers are uncertain about the f ...
Friday, 23 September 22
BUOYANT COAL INDUSTRY SEEKS WAYS TO STAY IN THE LONG-TERM ENERGY MIX - REUTERS
There’s no doubt that the global coal industry has been a major beneficiary of Russia’s invasion of Ukraine and the subsequent energy c ...
Friday, 23 September 22
MARKET INSIGHT - INTERMODAL
In view of the forthcoming winter, Europe is trying to escape from its energy (oil & gas) dependency from Russia to ensure energy abundance eve ...
Tuesday, 20 September 22
CHINA'S DAILY COAL OUTPUT HITS 3-MONTH LOW IN AUGUST ON RAINS, COVID CURBS - REUTERS
China’s daily coal output in August slipped to a three-month low as some mines in its biggest coal mining regions reduced operations or even ...
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- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Iligan Light & Power Inc, Philippines
- Interocean Group of Companies - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Altura Mining Limited, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- ICICI Bank Limited - India
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- The University of Queensland
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Bhushan Steel Limited - India
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Economic Council, Georgia
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
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