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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, 24 November 21
PRICE OF CHINA’S COAL FUTURE DROPS BY 60% AS NATIONWIDE DAILY OUTPUT REACHES OVER 12 MILLION TONS: NDRC - GLOBAL TIMES
China’s daily coal output has now stabilized after reaching over 12 million tons and the price of coal futures has declined to 800 yuan ($125 ...
Friday, 19 November 21
CHINA: COAL SUPPLIES TO STABILIZE FOR COMING COLD SEASON
China is capable of ensuring stable coal supplies this winter and next spring with the increase in coal production and the rising stockpiles at pow ...
Wednesday, 17 November 21
MARKET INSIGHT - INTERMODAL
It has been another declining week for the dry bulk market and evidently, we are seeing asset values gradually losing momentum as well. Following a ...
Tuesday, 16 November 21
EARNINGS RECOVERY IN INDONESIAN COAL TO CONTINUE THROUGH 2021, BUT SLOW IN 2022 - FITCH RATINGS
The recovery in the operating and financial performance of Indonesian coal miners and coal contractors is likely to slow in 2022, but coal prices s ...
Tuesday, 16 November 21
INDONESIA’S 2022 COAL USE FOR POWER GENERATION SET TO RISE 3% - REUTERS
Indonesia’s coal consumption for power generation is likely to rise by 3.1% next year compared to 2021, the head of the country’s state ...
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- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Energy Development Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Economic Council, Georgia
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Deloitte Consulting - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- TeaM Sual Corporation - Philippines
- Mercuria Energy - Indonesia
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Bhushan Steel Limited - India
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
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