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Thursday, 18 February 16
CHINA COAL SECTOR - 2015 RESULTS BLEAK, 2016 UNLIKELY TO BE ANY BETTER - FITCH
 COALspot.com: China Coal Sector’s Financial Woes to Worsen in 2016.
Fitch Ratings says that the 2015 full-year result previews issued by the listed Chinese coal mining companies reflect the extent of challenges the sector is facing. Oversupply and weak coal prices are the main factors. Fitch expects the over-supply conditions to prevail for some time, and financial woes to deepen in 2016.
According to Fitch, twenty eight out of the 33 coal companies listed on China's Shanghai and Shenzhen Stock Exchanges have just released their 2015 full-year financial result previews, and 20 reported a net loss after excluding any one-off gains.
China Shenhua Energy (A+/Stable) ranks first by profits by a large margin; its net income is more than that of all the other listed coal companies' put together. Its scale and vertical integration into power generation and railways underpin this more positive result, as reflected in its strong 'A' category standalone credit profile, Fitch Ratings said.
Fitch views 2016 as an even more challenging year for the coal sector. China's central government has endeavoured to address the oversupply by encouraging the phase-out of high-cost and old mines, although implementation at the various government levels entails various other issues. Price recovery is highly unlikely in 2016 as consolidation of the excessive mining capacity will take longer - and require more effort - than the central government expected, together with a weaker demand outlook.
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Friday, 18 December 15
CHINA GROWTH SHOCK TO HIT ENERGY, SHIPPING, STEEL MOST - FITCH
Energy, shipping and steel would be the hardest-hit sectors in Asia-Pacific (APAC) in the event of a sharp slowdown in Chinese growth, says Fitch R ...
Friday, 18 December 15
WEEKLY U.S. COAL PRODUCTION REMAINS FLAT ACROSS ALL BASINS
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 16.1 million shor ...
Thursday, 17 December 15
THE LOW DEMAND AND EXCESS COAL OUTPUT, KEEP THE FOB INDONESIA COAL SWAPS UNDER PRESSURE
COALspot.com: Indonesian coal swap for delivery Q1 2016 rose month on month and decline slightly week over week. For the week ended December 11, 20 ...
Thursday, 17 December 15
GLADSTONE PORT COAL RECORD LOOMING, EXPORTS UP 12% - GLADSTONE OBSERVER
COAL exports from Gladstone's port have taken a leap, with more than seven million tonnes leaving the wharves in November.
That increase i ...
Wednesday, 16 December 15
FOB RICHARDS BAY COAL SWAP SLUMP 5.5% FROM LAST MONTH
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
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- Merrill Lynch Commodities Europe
- Trasteel International SA, Italy
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Therma Luzon, Inc, Philippines
- Minerals Council of Australia
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Aboitiz Power Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- GAC Shipping (India) Pvt Ltd
- Eastern Coal Council - USA
- MS Steel International - UAE
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Gujarat Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
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