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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, 01 December 21
MARKET INSIGHT - INTERMODAL
Essentially, anyone involved in the shipping and commodity markets still struggle with commodity supply issues and skyrocketing prices in the conte ...
Tuesday, 30 November 21
CHINA'S TOP ECONOMIC PLANNER SUMMONS COAL PRODUCERS; LONG-TERM PRICING MECHANISM IS ADVISED - GLOBAL TIMES
China’s top economic planner the National Development and Reform Commission (NDRC) said on Monday that they summoned coal producers for a hea ...
Tuesday, 30 November 21
CHINA'S COAL PRICES PLUNGE AFTER GOVT SIGNALS MORE PRICE REGULATION - REUTERS
China’s thermal coal futures dropped 5.6% on Monday after the state economic planner signaled further regulations for prices of the dirty pow ...
Friday, 26 November 21
AS COAL MARKET STABILIZES, CHINA STEPS UP NATURAL GAS SUPPLY TO MEET WINTER DEMAND - GLOBAL TIMES
The daily supply of natural gas in China has exceeded 1 billion cubic meters (bcm) since November began, up 11 percent year-on-year, data from stat ...
Friday, 26 November 21
CHINA FINDS COMPLIANCE PROBLEMS IN COAL PRICE INDEX PROBE - REUTERS
China’s state planner on Wednesday said it had discovered some “noncompliant” behaviour among coal price index providers as it an ...
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- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- The Treasury - Australian Government
- Australian Coal Association
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Vedanta Resources Plc - India
- White Energy Company Limited
- GVK Power & Infra Limited - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Metalloyd Limited - United Kingdom
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Tamil Nadu electricity Board
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Borneo Indobara - Indonesia
- CNBM International Corporation - China
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMC Global Power, Philippines
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
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