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Thursday, 30 June 22
DIVERGENCE BETWEEN HIGH- AND LOW-GRADE THERMAL COAL PRICES IN APAC TO NARROW - FITCH RATINGS
 Prices between high- and low-grade thermal coal in Asia-Pacific (APAC) have diverged since late March 2022, but Fitch Ratings expects the gap to narrow over time.
According to Fitch Ratings, prices of high-grade coal have been boosted by tight supply and geopolitical intensions, while prices of low-grade coal are constrained by weak demand from China. Newcastle 6,000kcal/kg grade coal reached USD380/tonne (t) in late June, a 105% premium over Newcastle 5,500kcal and close to the hard coking coal price of USD385/t. Fuel costs of north Asian power plants using liquefied natural gas are similar to those burning high-grade coal, suggesting limited upside for coal prices.
China’s benchmark Qinhuangdao 5,500kcal/kg price fell to the current CNY1,200/t and has found support at that level, from over CNY1,600/t in late March. The correction reflects weak demand; thermal power generation declined by 10.9% yoy in May 2022 due to lockdowns to contain Covid-19 outbreaks and strong hydropower generation. Coal inventories at power plants have also rebounded, Fitch Ratings says.
Fitch Ratings also noted that, India’s power demand rebounded by 10% yoy in April 2022 and 20% in May 2022, driven by an economic recovery, as the Covid-19 pandemic ebbed, as well as high temperatures in many regions. This led to tight coal supply, with the nation's average coal stock falling below eight days by end-April, despite a 15% rise in domestic coal production in 4M22. The government has ordered all power plants to use imported coal for 10% of their fuel to improve the availability of coal and meet the strong power demand. We expect the compulsory coal blending, which is likely to continue until 3Q22, to drive coal import growth during the year.
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Sunday, 21 August 22
COAL-RICH POLAND FACES WINTER OF ENERGY DISCONTENT - DW
Poland uses 10 million tons of coal a year to heat households — a whopping 87% of all coal consumed in EU homes in 2019, according to the War ...
Saturday, 20 August 22
KOSPO TO IMPORT 240000 MT OF MIN 4400 KCAL/KG NCV STEAM COAL FOR OCTOBER;LOADING FROM RUSSIAN PORTS NOT ALLOWED
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 240,000 MT of min 4,400kcal/kg to max. 4,999 kcal/kg NC ...
Wednesday, 17 August 22
INDIAN COMPANIES SWAPPING DOLLAR FOR ASIAN CURRENCIES TO BUY RUSSIAN COAL - REUTERS
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoidi ...
Wednesday, 17 August 22
LNG: MAJOR INVESTMENT AND EXPANSION PHASE, DOUBLING OF LIQUEFACTION CAPACITY BY 2028 PROJECTED - CLARKSONS
Clarksons Research have released the latest version of their long standing annual review, LNG Trade & Transport, on to Shipping Intelligence Ne ...
Wednesday, 17 August 22
UNAFFORDABLE LNG PRICES UNDERMINE RAPID DEMAND GROWTH FORECASTS IN KEY ASIAN MARKETS - IEEFA
Sustained high prices may accelerate downward pressures on Asian LNG demand, clouding long-term industry outlooks
The global liquefi ...
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- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Orica Australia Pty. Ltd.
- Economic Council, Georgia
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Merrill Lynch Commodities Europe
- Leighton Contractors Pty Ltd - Australia
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Ind-Barath Power Infra Limited - India
- Rashtriya Ispat Nigam Limited - India
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Eastern Coal Council - USA
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- Sarangani Energy Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Interocean Group of Companies - India
- Australian Coal Association
- Coal and Oil Company - UAE
- Planning Commission, India
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
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