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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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Monday, 23 January 23
CHINA'S MAJOR COAL-PRODUCING PROVINCE ACCELERATES DIGITAL TRANSFORMATION - XINHUA
At Chindata Group’s big-data industrial park in Lingqiu County of Datong City, hundreds of thousands of servers are running round-the-clock t ...
Monday, 23 January 23
CHINA'S COAL-RICH PROVINCE SEES COAL PRODUCTION INCREASE IN 2022 - XINHUA
North China’s coal-rich province of Shanxi saw its coal production hit 1.31 billion tonnes in 2022, up 8.7 percent year on year, local author ...
Wednesday, 18 January 23
MARKET INSIGHT - INTERMODAL
From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in place from Dec. 3. ...
Tuesday, 17 January 23
FRAUD IS THE BIGGEST THREAT TO CARGO LOSSES - TT CLUB
The almost exclusive use of online facilities to process business transactions allows a myriad of fraudulent pursuits to find opportunities within ...
Tuesday, 17 January 23
CHINA'S SHANXI TARGETS 2023 COAL PRODUCTION OF NEARLY 1.37B TONS - XINHUA
China’s coal-rich province of Shanxi has set a coal production target of nearly 1.37 billion metric tons for 2023, according to a government ...
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- Ministry of Mines - Canada
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- The University of Queensland
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Energy Link Ltd, New Zealand
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Power Finance Corporation Ltd., India
- Australian Coal Association
- Parliament of New Zealand
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Economic Council, Georgia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Holcim Trading Pte Ltd - Singapore
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Ministry of Finance - Indonesia
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
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