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Thursday, 22 September 16
CHINA IS THE PRICE-SETTING COUNTRY FOR GLOBAL THERMAL COAL
 COALspot.com: China has been the driver of global coal growth since 2009. When China became the largest coal importer in 2011, the country also has become the price setter for steam coal. China has not just determined the direction of coal prices, the country also sets sea freight directions particularly for big size ships.
In fact, the United States, India, the EU are also largest coal consumers, but the China is the only country who can set the direction of price movement of global thermal coal.
The world’s coal industry has operated under stressful conditions since early 2012 due to a combination of oversupply and sinking demand. After several years of coma, coal has been a surprise positive performer this year, supported by China’s new policy on its domestic coal miners.
According to Yahoo finance, China's coal output has fallen more than 10 percent so far this year as a result of government order on miners to lower output to the equivalent of 276 days of production. China has also cut about 150 million metric tons of capacity by the end of August -- equivalent to almost the entire thermal coal exports last year from Colombia and South Africa. China is aiming to chop about 500 million tons by 2020.
Due to crackdown on its domestic coal miners, China has boosted demand for imported coal since April 2016 and International prices started to rally due to renewed demand from China after several years of slowdown.
Today the coal is the top attractive and the hottest commodity in the world.
The weekly CS (I) Coal Index for 5700 GAR coal of Indonesian origin rose 17.71% Since 22 April 2016. While 5000 GAR coal gained 18.38% for the same period.
The CS (i) Coal index is newly established an independent coal benchmark forecast for Indonesian particular coal types. The CS (i) Coal indices are generated through a Technology aided system, based on COALspot’s own proprietary algorithm requiring minimal human involvement.
Assessing the remainder of 2016, unless otherwise China back from its current coal policy, we are seeing, the current positive trend will continue and experience a stable demand growth.
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Tuesday, 01 November 16
IMPROVEMENT ON THE DEMAND SIDE ONLY BUT THE SUPPLY SIDE IS WORSE OFF - BIMCO
Back in May, BIMCO disclosed a projected “road to recovery” for the dry bulk shipping industry. The main message back then on what the ...
Monday, 31 October 16
INDONESIAN 5000 GAR COAL ROSE 5.56% WEEK OVER WEEK - CS COAL INDEX
COALspot.com: The price for thermal coal has recovered substantially since April 2016. The China’s new policy on its domestic coal miners, th ...
Friday, 28 October 16
STEAM COAL IMPORTS: CHINA AND INDIA'S ROLE REVERSALS - BEN TRIMMEL
While a sharp decline in European imports is a key driver of the expected fall in steam coal trade this year, China and India remain leading actors ...
Friday, 28 October 16
U.S. WEEKLY COAL OUTPUT ROSE DURING THE WEEK ENDING OCTOBER 22 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.5 million short ton ...
Thursday, 27 October 16
73.08 PERCENT OF COAL PRODUCERS PREDICTED INDIA WILL NOT STOP COAL IMPORTS IN 2 TO 3 YEARS - POLL
COALspot released its weekly opinion poll "How likely do you think India will STOP thermal coal imports in 2-3 years?" this Monday.
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- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Ceylon Electricity Board - Sri Lanka
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Riau Bara Harum - Indonesia
- Planning Commission, India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Coastal Gujarat Power Limited - India
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Renaissance Capital - South Africa
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Eastern Energy - Thailand
- Parliament of New Zealand
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- GMR Energy Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Kalimantan Lumbung Energi - Indonesia
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- India Bulls Power Limited - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Salva Resources Pvt Ltd - India
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Power Finance Corporation Ltd., India
- Wilmar Investment Holdings
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