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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, 02 September 22
INDONESIA COAL PRICE REFERENCE SLIPS SLIGHTLY IN SEPTEMBER 2022
COALspot.com: Indonesian Coal Price Reference for September delivery drops 0.74 per cent month on month.
The Indonesian Coal Price R ...
Friday, 02 September 22
ABM INVESTAMA BUYS 30% GEMS SHARES FOR US$ 420 MILLION
PT ABM Investama Tbk through its indirect subsidiary, bought a 30% stake in the PT Golden Energy Mines Tbk for US$ 420 million or around Rp 6.2 tri ...
Wednesday, 31 August 22
MARKET INSIGHT - INTERMODAL
Scorching temperatures and extremely dry conditions during the Northern hemisphere summer have been drying crops. Yield prospects have subsided in ...
Tuesday, 23 August 22
HIGH COAL PRICES COULD BOOST INDONESIA'S ENERGY TRANSITION - IEEFA
Global coal prices have reached an all-time high as countries stop purchasing Russian coal amidst the Russia-Ukraine conflict. Indonesian coal comp ...
Tuesday, 23 August 22
A COMBINED US$6.8-BILLION CASH BALANCE OF INDONESIAN COAL COMPANIES COULD PROVIDE FOR TIMELY INVESTMENTS IN GREEN TRANSITION - IEEFA
A combined US$6.8-billion cash balance of Indonesian coal companies could provide for timely investments in green transition
The opp ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Singapore Mercantile Exchange
- Australian Coal Association
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Tata Chemicals Ltd - India
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Economic Council, Georgia
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Link Ltd, New Zealand
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Sical Logistics Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Port Waratah Coal Services - Australia
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Ambuja Cements Ltd - India
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Renaissance Capital - South Africa
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- Bhatia International Limited - India
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- White Energy Company Limited
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Mjunction Services Limited - India
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- VISA Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- SMG Consultants - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Maharashtra Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
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