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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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Wednesday, 30 November 22
INDONESIA’S BUMI RESOURCES TARGETS 2023 COAL OUTPUT OF 80 MLN TONNES - REUTERS
Indonesian coal miner PT Bumi Resources Tbk BUMI.JKis eyeing a 10% increase in output to 80 million tonnes next year amid expectations for more fav ...
Wednesday, 30 November 22
TANKERS: LONGER HAULS TO SUPPORT CONTINUED STRENGTH - BIMCO
Highlights
A rebound in the dirty tanker trade has led the Baltic Exchange Dirty Index (BDTI) to increase by 64% since our last report from mid ...
Wednesday, 30 November 22
MARKET INSIGHT - INTERMODAL
Shipping, although a conservative and innovation adverse industry, is currently in a transition period of digital transformation. According to a su ...
Tuesday, 29 November 22
INDIA TO RECEIVE FIRST LNG CARGO FROM INDONESIA’S TANGGUH LNG - REUTERS
India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a ...
Tuesday, 29 November 22
SEABORNE COAL FLOWS IN 2022 - SIGNAL
This year is crucial for the energy mix in European countries, as the EU has imposed new sanctions on Russia. It is important to emphasize that the ...
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- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- The University of Queensland
- Mintek Dendrill Indonesia
- Posco Energy - South Korea
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Dalmia Cement Bharat India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Eastern Coal Council - USA
- Australian Coal Association
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Medco Energi Mining Internasional
- ASAPP Information Group - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Malabar Cements Ltd - India
- MS Steel International - UAE
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Bukit Makmur.PT - Indonesia
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
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