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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, 07 July 22
COAL INDIA'S PRODUCTION SETS RECORD INCREASE OF 29% YOY AT 36 MT IN Q1FY23 - IIFL SECURITIES
Coal India Limited (CIL) has ended April-June quarter FY’23 capping a historic high of 29% yoy output growth, compared to same quarter FY&rsq ...
Wednesday, 06 July 22
MARKET INSIGHT - INTERMODAL
Following the 3rd Decarbonizing Shipping Forum, held in Hamburg on June 2022, there has been a meaningful resurgence of discussions within the ship ...
Tuesday, 05 July 22
WHY ARE VLSFO PRICES SO HIGH, ESPECIALLY IN SINGAPORE? - STEVE CHRISTY, INTEGR8 FUELS
Tightness in products still trumps talks of recession
Last month we wrote about the fears of recession versus the tightness in product markets ...
Tuesday, 05 July 22
ADANI ENTERPRISES LOWEST BIDDER IN COAL INDIA'S IMPORT TENDER: REPORT - BUSINESS STANDARD
Coal India Ltd floated its first import tender on behalf of power companies, where Adani Enterprises Ltd came out to be the lowest bidder, a report ...
Tuesday, 05 July 22
CHINA POLICY KEY FOR IRON ORE OUTLOOK - ING
China’s covid lockdowns and recessionary risks hit iron ore
Iron ore prices have fallen significantly from their year-to-date high of US$ ...
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- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- PTC India Limited - India
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Krishnapatnam Port Company Ltd. - India
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Planning Commission, India
- The Treasury - Australian Government
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Kideco Jaya Agung - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Australian Coal Association
- Makarim & Taira - Indonesia
- Antam Resourcindo - Indonesia
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- White Energy Company Limited
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Intertek Mineral Services - Indonesia
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