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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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Wednesday, 26 January 22
MARKET INSIGHT - INTERMODAL
While it is logical that most of the S&P reports of the first weeks of the year are linked to very limited activity as reflected in the weekly ...
Wednesday, 26 January 22
INDONESIA: DME PROJECT IS ECONOMICALLY VIABLE AS STUDY DEMONSTRATES
The government is encouraging downstream coal processing or increase in coal added value, for example by turning coal into Dimethyl Ether (DME) to ...
Wednesday, 26 January 22
COMMODITY PRICES COULD SOAR IF THE RUSSIA-UKRAINE CRISIS ESCALATES - ING
It appears that a number of commodity markets are starting to at least price in some geopolitical risk around the growing tension between Russia an ...
Wednesday, 26 January 22
INDONESIA'S COAL BAN SENDS PRICES SOARING, OTHER EXPORTERS FAIL TO STEP UP - REUTERS
Indonesia’s short-lived ban on exporting coal has sent ructions through the seaborne market for the fuel in Asia, with the fallout likely to ...
Friday, 21 January 22
CHINA'S POWER TRADING TARIFFS TO RISE IN 2022 - FITCH RATINGS
Rising trading volume and higher-than-benchmark tariffs in the 2022 bilateral contracts signed between Chinese power generation companies (gencos) ...
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- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Agrawal Coal Company - India
- PTC India Limited - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Videocon Industries ltd - India
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Vedanta Resources Plc - India
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- South Luzon Thermal Energy Corporation
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Latin American Coal - Colombia
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Mines - Canada
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Gujarat Sidhee Cement - India
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
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