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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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Friday, 05 January 18
COAL DEMAND TO REMAIN FLAT TO 2022, RESULTING IN A DECADE OF STAGNATION - IEA
Global demand for coal should remain nearly flat between 2017 and 2022, resulting in a decade of stagnation for coal consumption, according to the ...
Thursday, 04 January 18
SUPRAMAX: INDO TO CHINA WERE FIXED AT AROUND $8K DAILY; DOWN AROUND 27% WOW
Supramax
Q1 kicked off with an usual standby with all counterparts waiting for the market to take direction. Further holidays in East-Europe adde ...
Wednesday, 03 January 18
KOMIPO TO BUY 130K TONS OF MIN. 5700 NAR COAL FOR FEB 2018 LOADING
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130k Metric Tons of min. 5700 NAR coal to be burnt a ...
Friday, 29 December 17
PORT OF NEWCASTLE SHIPPED A$ 1.527 BILLION WORTH OF 12.65 MT OF COAL IN NOVEMBER
COALspot.com: The Port of Newcastle, Australia’s major trading ports, and the world’s largest coal export port has shipped $AU 1527.6 M ...
Friday, 29 December 17
U.S WEEKLY COAL PRODUCTION SLIGHTLY UP FOR THE WEEK ENDING 23 DEC, SAYS EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.5 million short tons ...
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Showing 1836 to 1840 news of total 6871 |
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- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Simpson Spence & Young - Indonesia
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Planning Commission, India
- Energy Development Corp, Philippines
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Posco Energy - South Korea
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Marubeni Corporation - India
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- Indian Energy Exchange, India
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- McConnell Dowell - Australia
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- IHS Mccloskey Coal Group - USA
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Bukit Baiduri Energy - Indonesia
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- VISA Power Limited - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
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