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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, 30 June 22
INVESTMENT IN GLOBAL COAL SUPPLY CHAIN TO HIT $115 BN IN 2022, LED BY CHINA AND INDIA - BUSINESS LINE
At over $80 billion, China and India are anticipated to make up the bulk of global coal investment in 2022, says IEA.
The investment ...
Wednesday, 29 June 22
LNG MARKET REMAINS TIGHT - INTERMODAL
LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent fall ...
Wednesday, 29 June 22
CHINA'S NEW PLAN FOR RENEWABLE ENERGY DEVELOPMENT FOCUSES ON CONSUMPTION - FITCH RATINGS
China’s focus on consumption penetration for renewable energy development in its recently released 14th five-year plan – 2021 to 2025 & ...
Wednesday, 29 June 22
APAC CORPORATE SECTOR OUTLOOKS SHIFT AMID GLOBAL SHOCKS - FITCH RATINGS’
Fitch Ratings’ mid-2022 corporate sector outlook review revealed that the Asia-Pacific (APAC) region saw the largest number of sector outlook ...
Thursday, 16 June 22
MARKET INSIGHT - INTERMODAL
Picking up from my last insight in March, on the early days of the invasion, it's worth pointing out the way that the fast-paced working enviro ...
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- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Ministry of Finance - Indonesia
- Vedanta Resources Plc - India
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Agrawal Coal Company - India
- MS Steel International - UAE
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Star Paper Mills Limited - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Minerals Council of Australia
- Indika Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
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