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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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Tuesday, 17 January 23
MARKET INSIGHT - INTERMODAL
Rumor has it that the New Year has come, to set the pace in, for Russia to continue hostilities against Ukraine. Ten months on the go, into Russia& ...
Tuesday, 17 January 23
INDONESIA IS ACCOUNTING FOR 32.3% OF THE GLOBAL SEABORNE COAL MARKET IN 2022 - BENCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, Benchero ...
Tuesday, 10 January 23
INDONESIAN HBA IS SEEING A SPIKE IN JANUARY 2023 INSTEAD OF A SIGNIFICANT FALL IN DECEMBER 2022
COALspot.com: Indonesian Coal Price Reference up 8.43% in January 2023.
HBA is seeing a dramatic spike in January 2023 i ...
Sunday, 08 January 23
INDIAN COAL POWER PLANTS SHOULD BE COMPENSATED FOR 2022 FORCED GENERATION – REGULATOR : REUTERS
Indian power plants that rely on imported coal should be fully compensated when forced to supply electricity, the country’s power regulator s ...
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 ...
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- Bhushan Steel Limited - India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement - Thailand
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Mercator Lines Limited - India
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Malabar Cements Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Energy Development Corp, Philippines
- White Energy Company Limited
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Goldman Sachs - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Power Finance Corporation Ltd., India
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Thai Mozambique Logistica
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Simpson Spence & Young - Indonesia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
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