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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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Friday, 16 September 22
DRY BULK MARKET: EU’S BAN ON RUSSIAN COAL LIFTS DEMAND DESPITE ECONOMIC HEADWINDS - BIMCO
Highlights
– The Baltic Exchange Dry Index (BDI) peaked in late May and has since fallen sharply as lower Chinese demand and adverse glob ...
Friday, 16 September 22
BIMCO EMBARKS ON NEW STANDARD FOR “QUIET ENJOYMENT”
KNOWLEDGE TO ELEVATE
A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing i ...
Friday, 16 September 22
INDIAN COAL PRODUCTION TO RISE 150 PER CENT IN 10 YEARS: CENTRE - EXPRESS NEWS SERVICE
The Union Ministry of Mines is expecting 150 per cent growth in coal production 10 years down the line as a result of coal reforms that had been us ...
Thursday, 15 September 22
MARKET INSIGHT - INTERMODAL
While the Organization of Petroleum Exporting Countries and its allies agreed on a 100,000 b/d output cut last week, oil flows are in the spotlight ...
Monday, 12 September 22
COAL PRICE HIKE REMAINS DIFFICULT FOR CIL: CHAIRMAN TELLS ANALYSTS - PTI
Coal India on Thursday informed investors that increasing coal prices remains difficult in the current context when the economy is grappling with h ...
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- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Semirara Mining Corp, Philippines
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- The Treasury - Australian Government
- Eastern Coal Council - USA
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- Posco Energy - South Korea
- Romanian Commodities Exchange
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Electricity Authority, New Zealand
- Grasim Industreis Ltd - India
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- San Jose City I Power Corp, Philippines
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Formosa Plastics Group - Taiwan
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PTC India Limited - India
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
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