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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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Tuesday, 19 July 22
SEEING RED? - WOOD MACKENZIE
What a Republican mid-term victory could mean for US energy and climate policy
According to current polling the Republican Party has ...
Thursday, 14 July 22
INDIA'S COAL IMPORTS HIT RECORD HIGH IN JUNE - REUTERS
India's coal imports hit a record high in June despite high global prices, data from three trade sources and Refinitiv ship tracking showed, as ...
Thursday, 14 July 22
CHINA'S JUNE COAL IMPORTS SLUMP AS TRADERS SHUN EXPENSIVE OVERSEAS CARGOES - REUTERS
China’s coal imports fell 33% in June from a year ago, with traders turning down expensive overseas cargoes in favor of domestic ones with ca ...
Wednesday, 13 July 22
KOWEPO TO IMPORT 2.79 MILLION TONS OF LOW TO MEDIUM COAL
COALspot.com: Korea Western Power Co., Ltd. (KOWEPO) has issued an International tender for Total 1360k MT of Min.4400 kcal/kg NCV coal and Total 1 ...
Wednesday, 13 July 22
HAVE MINERS MISSED THE BOAT TO INVEST AND GET AHEAD OF THE ENERGY TRANSITION? - WOOD MACKENZIE
Miners are in rude health, benefiting from economic stimuli, the post-pandemic recovery and associated supply constraints. Initially the Ukraine wa ...
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- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Commonwealth Bank - Australia
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Tamil Nadu electricity Board
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Singapore Mercantile Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Thai Mozambique Logistica
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Banpu Public Company Limited - Thailand
- Mjunction Services Limited - India
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Standard Chartered Bank - UAE
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Deloitte Consulting - India
- London Commodity Brokers - England
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
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