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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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Saturday, 11 June 22
AIMTEK INTERNATIONAL CONFERENCE AND AWARDS
Press Release: The prestigious AIMTEK International Conference and Awards concluded successfully on June 7th, 2022 at Radisson Blu, Yas Island Abu ...
Thursday, 26 May 22
MARKET INSIGHT - INTERMODAL
The newbuilding market activity has been significantly positive from a dry bulk owner perspective during the first half of 2022. Indeed, the contra ...
Wednesday, 18 May 22
INDONESIAN COAL PRICE REFERENCE DROPPED 4.42% IN MAY
COALspot.com: Indonesian Coal Price Reference for May delivery drops 4.42 per cent month on month.
The Indonesian Coal Price Referen ...
Thursday, 12 May 22
MARKET INSIGHT - INTERMODAL
Almost through half of the year, the overall shipping market continues to show signs of healthiness, after plenty of festivities and holidays that ...
Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.
It followed Mainla ...
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- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Independent Power Producers Association of India
- Lanco Infratech Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Marubeni Corporation - India
- McConnell Dowell - Australia
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Posco Energy - South Korea
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Planning Commission, India
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Bhushan Steel Limited - India
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Metalloyd Limited - United Kingdom
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Africa Commodities Group - South Africa
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Economic Council, Georgia
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
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