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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, 17 February 22
APAC THERMAL COAL PRICES TO EASE ON END OF INDONESIA EXPORT BAN - FITCH RATINGS
Fitch Ratings-Shanghai/Singapore-14 February 2022: APAC thermal coal prices are likely to come under pressure in the near term due to seasonally we ...
Tuesday, 15 February 22
IS ANOTHER COAL SHORTAGE CRISIS LOOMING OVER INDIA? - BUSINESS STANDARD
In December last year, the Federation of Indian Mineral Industries (FIMI) shot off a letter to the Prime Minister claiming that the coal crisis was ...
Tuesday, 15 February 22
THERMAL COAL'S RECORD PRICE RUN MAY END UP ITS OWN WORST ENEMY - REUTERS
The price of benchmark Australian thermal coal rose last week to trade near record highs, providing a short-term boost to producers but increasing ...
Thursday, 10 February 22
INDONESIA: COAL EXPORT BAN - SKULD
Indonesia's coal export ban in the light of force majeure and off-hire clauses
In January 2022, Indonesia, the world's biggest exporte ...
Thursday, 10 February 22
EIA ANALYSIS CONSIDERS DIFFERENT OUTCOMES FOR COAL MARKETS IN INDIA AND SOUTHEAST ASIA
In our International Energy Outlook 2021 (IEO2021) Issues in Focus: Uncertainty in Coal Trade in India and Greater Southeast Asia, we analyze three ...
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- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kaltim Prima Coal - Indonesia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Australian Coal Association
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Orica Australia Pty. Ltd.
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
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