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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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Monday, 01 April 19
AUSTRALIAN COAL AT RISK FROM CHINA MOVE, WARNS GOVERNMENT REPORT - SYDNEY MORNING HERALD
A new government report warns China’s restrictions on coal imports is the number one risk for Australian coal this year and could lead to a s ...
Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
South Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000 MT of min. 4300, 3500 and 5600 NCV ...
Wednesday, 27 March 19
SHIPPING MARKET INSIGHT - INTERMODAL
Contrary to the December 2018 forecasts but in line with the expectations of the dry bulk market, the first quarter of the year closed negatively. ...
Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
Capesize
The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throu ...
Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are ...
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- Edison Trading Spa - Italy
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- GAC Shipping (India) Pvt Ltd
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Thai Mozambique Logistica
- Riau Bara Harum - Indonesia
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Bhatia International Limited - India
- India Bulls Power Limited - India
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Sojitz Corporation - Japan
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- Jorong Barutama Greston.PT - Indonesia
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