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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, 24 November 21
PRICE OF CHINA’S COAL FUTURE DROPS BY 60% AS NATIONWIDE DAILY OUTPUT REACHES OVER 12 MILLION TONS: NDRC - GLOBAL TIMES
China’s daily coal output has now stabilized after reaching over 12 million tons and the price of coal futures has declined to 800 yuan ($125 ...
Friday, 19 November 21
CHINA: COAL SUPPLIES TO STABILIZE FOR COMING COLD SEASON
China is capable of ensuring stable coal supplies this winter and next spring with the increase in coal production and the rising stockpiles at pow ...
Wednesday, 17 November 21
MARKET INSIGHT - INTERMODAL
It has been another declining week for the dry bulk market and evidently, we are seeing asset values gradually losing momentum as well. Following a ...
Tuesday, 16 November 21
EARNINGS RECOVERY IN INDONESIAN COAL TO CONTINUE THROUGH 2021, BUT SLOW IN 2022 - FITCH RATINGS
The recovery in the operating and financial performance of Indonesian coal miners and coal contractors is likely to slow in 2022, but coal prices s ...
Tuesday, 16 November 21
INDONESIA’S 2022 COAL USE FOR POWER GENERATION SET TO RISE 3% - REUTERS
Indonesia’s coal consumption for power generation is likely to rise by 3.1% next year compared to 2021, the head of the country’s state ...
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- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- ICICI Bank Limited - India
- Kideco Jaya Agung - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Agrawal Coal Company - India
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Intertek Mineral Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Australian Coal Association
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- IHS Mccloskey Coal Group - USA
- Grasim Industreis Ltd - India
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