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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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Wednesday, 09 February 22
OIL PRICES: "IT'S GOING TO BE VERY EASY" TO GET TO $100/BARREL, ANALYST SAYS - YAHOO FINANCE
Energy and oil prices have been on fire over the last six months — and expect them to go higher, says one analyst.
“For ...
Wednesday, 09 February 22
MARKET INSIGHT - INTERMODAL
Iron ore prices have jumped significantly in the week prior to the Chinese New Year with traders and producers stocking up on raw materials. China& ...
Wednesday, 09 February 22
FEBRUARY HBA HITS RECORD HIGH IN 2022 ON INDONESIA’S EXPORT BAN IN JANUARY, WORSEN SUPPLY, UKRAINE TENSIONS
COALspot.com: Indonesian Coal Price Reference for February in a steep climb from January 2022.
As expected in January the Indonesia ...
Wednesday, 09 February 22
CHINESE COAL MARKS BEST DAY IN 4 MONTHS ON TIGHT SUPPLY, HIGH DEMAND - REUTERS
China’s coal futures on Tuesday recorded their best session since Bejing’s mid-October intervention to cool runaway prices, aided by co ...
Friday, 04 February 22
RENEWABLES ON THE RISE, COAL CONTINUOUSLY FALLING - EUROPEAN COMMISSION
Although oil (34.5%) and natural gas (23.7%) were still the most important fuel sources in the EU energy mix in 2020, renewable energy’s shar ...
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- Neyveli Lignite Corporation Ltd, - India
- Xindia Steels Limited - India
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Goldman Sachs - Singapore
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Energy Development Corp, Philippines
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Iligan Light & Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- Planning Commission, India
- Bangladesh Power Developement Board
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Singapore Mercantile Exchange
- PTC India Limited - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Indonesian Coal Mining Association
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Australian Coal Association
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
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