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Thursday, 26 January 23
AUSTRALIA'S CORONADO GLOBAL SEES COAL PRICES RISING ON RESUMING CHINA IMPORTS - REUTERS
Australia’s Coronado Global Resources said on Tuesday resuming metallurgical coal imports to China would likely push sea-borne coal prices higher in the short term, with strong realised prices in 2022 boosting its annual revenue.
The comments come after China, Australia’s largest coal importer and trade partner, earlier this month lifted an unofficial ban on coal imports and others commodities from the country after a nearly three-year long geopolitical tussle.
The Brisbane, Queensland-based miner, which has not typically sold coking coal to China, said last week it had received enquires for long-term supply as Beijing lifted its unofficial ban on coal imports from Australia.
“Coronado expects Australian metallurgical (met) coal imports to China to return in 2023 and displace lower quality and higher cost Chinese domestic or U.S. met coal production, particularly to the Chinese steelmakers in southern regions,” the company said.
Chief Executive Officer Gerry Spindler said he expects met coal prices to remain above historical averages throughtout 2023 due to the ongoing trade constraints for Russian coal and elevated thermal coal demand and prices.
The coal miner posted annual revenue of $3.57 billion, 66% higher than last year with average realised prices more than doubling to $303.1 per tonne.
However, its coal sales volume for the year fell 7.7%, sending shares of Coronado Global 3.3% lower to A$2.07 at 0336 GMT.
Source: Reuters
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Thursday, 26 August 21
INDIA IMPORTED 17.06 MLN TONNES OF LPG IN 2020; UP 11.5% Y-O-Y
Global LPG trade remained fairly positive in 2020, despite the global economic impact from COVID-19, and surged strongly in the first half of 2021. ...
Thursday, 26 August 21
MARKET INSIGHT - INTERMODAL
24th of August 2021, the Baltic Dry Index reached 4,201, a YTD high and the highest since May 2010.
Cape 5TC daily average @ 51,472
...
Tuesday, 24 August 21
COAL PRICE RALLY TO PRESSURE CHINESE POWER GENCOS’ MARGINS FITCH RATINGS
Fitch Ratings expects the pressure on Chinese power generation companies’ (gencos) profit from the recent coal price surge to weaken their cr ...
Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says i ...
Monday, 23 August 21
CHINESE COAL PRODUCTION RISES 4.9 PCT IN 1ST 7 MONTHS OF 2021 - NBS
Official figures demonstrated that the Chinese raw coal production surged 4.9 percent annually to 2.26 billion tonnes in the January-July period of ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Makarim & Taira - Indonesia
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Marubeni Corporation - India
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Leighton Contractors Pty Ltd - Australia
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Semirara Mining Corp, Philippines
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Australian Coal Association
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- South Luzon Thermal Energy Corporation
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Ambuja Cements Ltd - India
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- White Energy Company Limited
- Interocean Group of Companies - India
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Planning Commission, India
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Ind-Barath Power Infra Limited - India
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Rashtriya Ispat Nigam Limited - India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Manunggal Multi Energi - Indonesia
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