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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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Sunday, 08 January 23
ELEVATED COAL PRICE A DRAG ON MARGINS OF DOMESTIC BASE METAL PLAYERS: ICRA
The increased price of coal continue to be a drag on the margin of domestic base metal players with no immediate relief in sight, rating agency ICR ...
Monday, 02 January 23
CHINA’S COAL CONSUMPTION TO PEAK BY 2035: REPORT - REUTERS
China’s primary energy consumption is likely to peak at nearly 6.03 billion tonnes of standard coal between 2030 and 2035, refining giant Chi ...
Thursday, 29 December 22
INDIA'S COAL DEMAND LIKELY TO PEAK BETWEEN 2030-2035: MINISTER - ANI
The demand for coal in India will continue and is likely to peak between 2030-2035, Union Minister of Coal, Mines, and Parliamentary Affairs Pralha ...
Thursday, 29 December 22
RIO TINTO AND PARTNERS COULD RECEIVE AS MUCH AS $450M IN GOVERNMENT COMPENSATION FOR COAL PRICE CAP - THE GUARDIAN
Compensation payments for the Gladstone power plant remain the sticking point in the federal government’s coal price cap compensation negotia ...
Wednesday, 28 December 22
MARKET INSIGHT - INTERMODAL
The United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade wou ...
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- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Australian Coal Association
- Edison Trading Spa - Italy
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- Offshore Bulk Terminal Pte Ltd, Singapore
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Aditya Birla Group - India
- Ministry of Mines - Canada
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