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Friday, 08 June 18
AUSTRALIAN THERMAL COAL PRICES SURGE AS ASIA DEMAND HEATS UP - REUTERS
 Australian thermal coal prices have hit their highest level since late 2016 as the market heats up on strong demand across North Asia and China in particular.
Spot prices for delivery from Australia’s Newcastle terminal last closed at $114 per tonne, just down from Monday’s $114.50, the highest since November 2016. Coal last reached such levels back in early 2012.
Newcastle is now up by almost 130 percent from the record lows seen in early 2016.
With a near 11 percent increase since the end of 2017, Newcastle coal has far outperformed its main fuel competitor, liquefied natural gas LNG-AS.
Coal is even close to the 13.5 percent rally in Brent crude oil prices, which has come on the back of voluntary production restraint by producer cartel OPEC, supply disruptions in Venezuela and looming new U.S. sanctions against major exporter Iran.
Traders said the price rally was largely down to a surge in imports from China, as an early summer heatwave drives up electricity demand for air conditioning and industrial cooling.
“Since April, the seaborne thermal coal market has seen quite the move … with stronger Chinese demand being a key driver,” said Dutch bank ING in a note to clients, adding that this was largely down to “warmer than usual weather.”
Weather data in Thomson Reuters Eikon showed that average temperatures in China’s capital Beijing are set to surge to 29 degrees Celsius in the coming days, which is 7 degrees above the seasonal norm.
Hot weather is also supporting demand in other key demand regions in North Asia, including Japan and South Korea, traders said.
However, commodities brokerage Marex Spectron said in a note to clients this week that some of the market tightness was likely short-term and could soon wane, as the peak of the heat wave passes.
ING also said China was “set to take a step back from the seaborne market” in order to support domestic miners which could put pressure on Newcastle coal prices.
Source: Reuters
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Thursday, 16 May 19
SUPRAMAX: INDO/CHINA COAL RV TRADING AROUND US$ 9,000 BSS S.CHINA DELIVERY - FEARNLEYS
Capesize
This volatile segment is trying to find a clear direction from the present US$ 12,000/day earnings for standard units says Fearnleys W ...
Wednesday, 15 May 19
SHIPPING MARKET INSIGHT - THEODORE NTALAKOS
Modern warfare - Trade wars & sanctions
As of May 1st, the U.S. has ended waivers to the sanctions that had allowed the top buyers of Irani ...
Monday, 13 May 19
INDONESIAN COAL PRICE REFERENCE CONTINUES TO FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Monday, 13 May 19
SUPRAMAX: SOUTHEAST ASIA THE MARKET SAW BETTER DEMAND - BALTIC BRIEFING
Cape
The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week& ...
Thursday, 09 May 19
DEEP OFFSHORE SOUTHEAST ASIA CONGRESS 2019
Deep Offshore Southeast Asia Congress 2019
Event Date:2-3th July. 2019t
Location: Jakarta, Indonesia
Sarawak Shell Berhad (S ...
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- Siam City Cement PLC, Thailand
- Bhoruka Overseas - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Australian Coal Association
- Rio Tinto Coal - Australia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Economic Council, Georgia
- Aditya Birla Group - India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Mercator Lines Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Independent Power Producers Association of India
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
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