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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, 05 January 22
INDONESIA WARNS COAL SUPPLY CRUNCH NOT OVER AS CHINA PRICES RALLY - REUTERS
Indonesia has warned that its coal supply situation remains critical, ahead of Wednesday’s (Jan 5) review of its export ban, unnerving global ...
Tuesday, 28 December 21
INDIA'S ADANI NEARS FIRST COAL SHIPMENT FROM SHUNNED AUSTRALIAN MINE - REUTERS
India’s Adani Group ADEL.NS is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling a seven- ...
Thursday, 23 December 21
COAL TO STAY AS MAJOR SOURCE OF ENERGY IN FORESEEABLE FUTURE: JOSHI - BUSINESS STANDARD
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament w ...
Thursday, 23 December 21
ANNUAL U.S. COAL-FIRED ELECTRICITY GENERATION WILL INCREASE FOR THE FIRST TIME SINCE 2014 - EIA
From December 20 through December 30, Today in Energy will feature some of our favorite articles from 2021. Today’s article was originally pu ...
Thursday, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...
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- Romanian Commodities Exchange
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- The State Trading Corporation of India Ltd
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- SMC Global Power, Philippines
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- OPG Power Generation Pvt Ltd - India
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- PNOC Exploration Corporation - Philippines
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- Alfred C Toepfer International GmbH - Germany
- IEA Clean Coal Centre - UK
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
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- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- White Energy Company Limited
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- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Electricity Authority, New Zealand
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- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Videocon Industries ltd - India
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
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- Parliament of New Zealand
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- Indian Oil Corporation Limited
- The Treasury - Australian Government
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- Coal and Oil Company - UAE
- Petron Corporation, Philippines
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- Economic Council, Georgia
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- Petrochimia International Co. Ltd.- Taiwan
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- Bukit Asam (Persero) Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
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- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- CNBM International Corporation - China
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- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Larsen & Toubro Limited - India
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- The University of Queensland
- New Zealand Coal & Carbon
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
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- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
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- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Kaltim Prima Coal - Indonesia
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