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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, 11 March 19
SUPRAMAX: A 61,000 DWT VESSEL WAS BOOKED SINGAPORE FOR A TRIP VIA INDONESIA TO CHINA AT $10,500 - BALTIC BRIEFING
Capesize
A faint glimmer of hope with the suggestion the market may have finally bottomed out, with owners attempting to resist further cuts in ...
Friday, 08 March 19
KOMIPO INVITES BIDS FOR 2.6 MILLION TONS OF AUSTRALIAN 5700 NAR COAL FOR FIVE YEARS
South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 520,000 MT of min. 5700 NAR coal of Australian origin to be burnt ...
Friday, 08 March 19
CHINA'S COAL DEMAND FORECAST TO DROP SLOWLY - YONHAP
China’s coal demand is expected to fall at a snail’s pace over the next 20 years due to the country’s preference for the cheap fo ...
Thursday, 07 March 19
INDONESIAN COAL PRICE REFERENCE PLUNGE TO LOWEST IN SEVEN MONTHS
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Wednesday, 06 March 19
KOSPO INVITES BIDS FOR 80,000 MT OF 3800 NCV COAL FOR 21 - 30 MARCH, 2019 LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 80,000 MT of min 3,800 kcal/kg NCV low calor ...
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Showing 1451 to 1455 news of total 6871 |
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Barasentosa Lestari - Indonesia
- Parliament of New Zealand
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- London Commodity Brokers - England
- Marubeni Corporation - India
- Economic Council, Georgia
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Cement Manufacturers Association - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- Wood Mackenzie - Singapore
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
- Interocean Group of Companies - India
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Electricity Generating Authority of Thailand
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Planning Commission, India
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- White Energy Company Limited
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- GMR Energy Limited - India
- PTC India Limited - India
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Posco Energy - South Korea
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Australian Coal Association
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Renaissance Capital - South Africa
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Indika Energy - Indonesia
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Thai Mozambique Logistica
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