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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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- Siam City Cement - Thailand
- The University of Queensland
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- CNBM International Corporation - China
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Agrawal Coal Company - India
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- White Energy Company Limited
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Posco Energy - South Korea
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Ministry of Mines - Canada
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ceylon Electricity Board - Sri Lanka
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Bhatia International Limited - India
- Australian Coal Association
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- Larsen & Toubro Limited - India
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