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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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Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...
Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...
Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter.
...
Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.
Earnings generation should slow down as selling pr ...
Wednesday, 01 December 21
SUPPLY OF COAL TO POWER PLANTS IN NOV MORE THAN CONSUMPTION: JOSHI - PTI
The supply of coal to power plants in November is more than the consumption, resulting in rise in stock of dry fuel at power plants, and this trend ...
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- ASAPP Information Group - India
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Eastern Coal Council - USA
- The University of Queensland
- Mjunction Services Limited - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Economic Council, Georgia
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
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