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Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase if and when Beijing lifts trade sanctions against Australia.
Australian Foreign Minister Penny Wong was set to push China to lift trade sanctions during this week’s trip to Beijing aimed at mending strained diplomatic ties.
Relations between Beijing and Canberra soured after Australia introduced laws to deal with what it said was Chinese interference in Australian politics, and called for an independent investigation into the origins of COVID-19.
Top steel producer China has taken measures to restrict or ban shipments of several Australian commodities, including coal.
The most-traded May coking coal on China’s Dalian Commodity Exchange DJMcv1 ended daytime trade 3.5% lower at 1,841.50 yuan ($263.79) a tonne. It earlier hit 1,822 yuan, its weakest since Dec. 8.
Coke DCJcv1, the processed form of coking or metallurgical coal, shed 4.1% to 2,652 yuan a tonne, after hitting 2,636 yuan, its lowest since Nov. 24.
“There may be signs of recovery in relations between the two countries. If Australian coal is released, domestic coking coal will turn from a shortage to a surplus,” Zhongzhou Futures analysts said in a note.
Concerns over surging COVID-19 infections in China added pressure on prices of the raw materials and steel benchmarks.
Rebar on the Shanghai Futures Exchange SRBcv1 slipped 0.7%, hot-rolled coil SHHCcv1 dipped 0.6%, wire rod SWRcv1 shed 0.4%, and stainless steel SHSScv1 slumped 3.1%.
However, iron ore – which has not been covered by Beijing’s restrictions on Australian commodities – rebounded after sell-offs on Monday.
Dalian iron ore’s most-active May contract DCIOcv1 rose 0.2% to 804.50 yuan a tonne, while the steelmaking ingredient’s benchmark January contract on the Singapore Exchange SZZFF3 was up 1.3% at $109 a tonne, as of 0700 GMT.
Source: Reuters
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Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
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- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- International Coal Ventures Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- VISA Power Limited - India
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Bangladesh Power Developement Board
- Uttam Galva Steels Limited - India
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- The University of Queensland
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
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