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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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Tuesday, 16 November 21
CHINA'S MONTHLY COAL OUTPUT RISES TO HIGHEST SINCE MARCH 2015 - REUTERS
China’s October coal output rose to the highest since at least March 2015, after Beijing approved a raft of coal mine expansions to tame reco ...
Friday, 12 November 21
RUSSIA-INDIA COKING COAL DEAL UNLIKELY TO IMPACT PANAMAX SHIPPING - DREWRY
Russia and India have recently entered into an agreement whereby Russia will supply up to 40 million tonnes of coking coal to India every year. Dre ...
Friday, 12 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...
Friday, 12 November 21
INDONESIAN COAL PRICE REFERENCE TOPS $215 A TON; THE HIGHEST COAL PRICE IN HISTORY
COALspot.com: Indonesian Coal Price Reference in a steep climb for most of second half of 2021 as it reached a pinnacle of $215.01 in November 2021 ...
Thursday, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...
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- Indian Energy Exchange, India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Aditya Birla Group - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Iligan Light & Power Inc, Philippines
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Directorate Of Revenue Intelligence - India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Rio Tinto Coal - Australia
- Sical Logistics Limited - India
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- Salva Resources Pvt Ltd - India
- Independent Power Producers Association of India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- PTC India Limited - India
- Australian Coal Association
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Gujarat Sidhee Cement - India
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
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