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Thursday, 21 December 17
FUEL SHORTAGE TRIGGERS JUMP IN COAL PRICES - CHINA DAILY
 China’s thermal coal prices jumped recently as natural gas shortages across the north spurred an unexpected resurgence in demand for coal-fired power.
Coal futures jumped to 689.8 yuan ($104) per metric ton on Dec 11, topping a previous all-time high of 688.8 yuan set the previous week, Reuters reported.
China Coal Price Index, the first index of its kind in the country, rose by 0.7 percentage points to 156.6 on Dec 8. The price of 5,000 kilocalorie coal and 5,500 kilocalorie coal in the northern ports reached 591 yuan and 612 yuan per ton respectively on Dec 8, up by 5 yuan and 2 yuan respectively from a week earlier.
The increase comes after the country was forced to put the brakes on its ambitious push to convert millions of households to gas or electric heating. Because of a gas shortage, people have been told they can return to coal heating if needed.
On Dec 7, the Beijing municipal government ordered an immediate restart of coal-fueled generators to ease the shortage of liquefied natural gas in northern China.
The city was told by the National Development and Reform Commission to immediately resume the backup coal-fired power plant run by China Huaneng Group.
The Huaneng coal-fired power plant, with installed capacity of 845 megawatts, was shut in March in a bid to reduce harmful emissions in the city.
On Dec 4, the Ministry of Environmental Protection told northern regions to allow coal burning in places that have not converted to gas or electric heating in order to “ensure a warm winter” for the public.
Four central government branches, including the National Development and Reform Commission and the Ministry of Environmental Protection, would send inspection teams to 11 provinces across northern China to ensure households have heating during winter, Xinhua reported.
“Although the transition from coal to clean and renewable energy is an irreversible trend, it will proceed in a gradual manner in the world largest consumer of the fuel,” said Lin Boqiang, director of the Energy Economics Research Center at Xiamen University.
China holds one-third of the world’s coal reserves; in 2016, the fuel accounted for around 62 percent of the nation’s basic energy needs.
Wu Lixin, deputy director of the strategic planning research department at the China Coal Research Institute, said the country has made great efforts to reduce emissions from coal-fired power plants. Currently, the smoke and pollutant emission of half of the country’s coal-fired power plants are similar to those of gas-fired power plants
“Unless the storage technology of renewable energy makes a significant breakthrough, coal will still remain the most important energy source in China, making up around 50 percent of the country’s total energy consumption in 2030,” she said.
However, coal prices will “basically be stable in the long term as the situation of overcapacity and oversupply in the sector remains unchanged”, said Jiang Shimin, vice-president of China National Coal Association.
Source: China Daily
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Tuesday, 23 January 18
OIL MARKET ANALYSIS - ALLIED
Brent oil futures hit a three year high on January 16th touching around USD 70.30 before falling back down to around USD 68.60 at the Time of this ...
Friday, 19 January 18
U.S. WEEKLY COAL OUTPUT WAS 13.5 MMST FOR THE WEEK ENDING JANUARY 13, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.5 million short tons ...
Thursday, 18 January 18
WORLD TRADE IN HARD COAL RISES BY 1.5% IN 2017 - KOHLENIMPORTEURE
Press Release: World Trade in Hard Coal Rises by 1.5% in 2017. German Steam Coal Imports Plummet by 15% in 2017 – in Contrast to Other Sector ...
Wednesday, 17 January 18
SHIPPING MARKET INSIGHT - INTERMODAL
As we are now well into the first month of 2018, the mood across the entire offshore industry undeniably remains rather positive following the oil ...
Monday, 15 January 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO WEAK THIS WEEK - VISTAAR
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...
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Showing 1826 to 1830 news of total 6871 |
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- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Xindia Steels Limited - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Mercuria Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Economic Council, Georgia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Planning Commission, India
- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- TeaM Sual Corporation - Philippines
- Aboitiz Power Corporation - Philippines
- Uttam Galva Steels Limited - India
- MS Steel International - UAE
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Kobexindo Tractors - Indoneisa
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Agrawal Coal Company - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- International Coal Ventures Pvt Ltd - India
- White Energy Company Limited
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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