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Friday, 03 April 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of coal prices in north China’s major ports, stood at 546 yuan (about 76.9 U.S. dollars) per tonne Wednesday, a drop of five yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.
Analysts said given that the supply elasticity of thermal coal was significantly higher than the demand elasticity, the contradiction between supply and demand of domestic thermal coal was prominent, which also led to the continued downward movement of coal prices.
The recovery of the thermal coal industry chain was facing challenges, which was the reason why the contradiction between high inventory and destocking demand at ports would be further deepened.
At present, the spot price of thermal coal has fallen below the long-term agreement price. With the global outbreak of COVID-19, the financial market has suffered a severe setback, adding to the pessimism in the market, according to analysts.
Released every Wednesday, the BSPI is a leading indicator of China’s coal prices.
Source: Xinhua
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Saturday, 18 March 23
HEDGE TO OFFSET LNG VOLATILITY, TRADERS TOLD - BALTIC EXCHANGE
A shift in imports from Asia to Europe led to significant volatility in liquefied natural gas shipping last year, prompting industry experts to urg ...
Friday, 17 March 23
INDONESIAN COAL PRICE REFERENCE UP AROUND 2.17% IN MARCH 2023
COALspot.com: Indonesian Coal Price Reference up around 2.17% in March 2023.
According to the new HBA regulation No. 41.K/MB.0 ...
Saturday, 11 March 23
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. ...
Wednesday, 08 March 23
INDONESIAN COAL REFERENCE PRICE FORMULA HAS OFFICIALLY CHANGED
Indonesian Minister of Energy and Mineral Resources has officially changed the guideline for determining the benchmark price for the sale of coal c ...
Thursday, 02 March 23
INDIA'S SEABORNE CRUDE OIL IMPORTS IN 2022 INCREASED BY 11.5% YOY - BANCHERO COSTA
2022 has turned out to be a very positive year for crude oil trade, despite the surging oil prices and risks of economic recession, Banchero Costa ...
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- Kumho Petrochemical, South Korea
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- Bukit Makmur.PT - Indonesia
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- Central Java Power - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Simpson Spence & Young - Indonesia
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- Rio Tinto Coal - Australia
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
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- Eastern Energy - Thailand
- Latin American Coal - Colombia
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- The University of Queensland
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- Ceylon Electricity Board - Sri Lanka
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- Indonesian Coal Mining Association
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- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Independent Power Producers Association of India
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- Commonwealth Bank - Australia
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- Directorate Of Revenue Intelligence - India
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- Energy Link Ltd, New Zealand
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- Essar Steel Hazira Ltd - India
- Merrill Lynch Commodities Europe
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- Chamber of Mines of South Africa
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- Electricity Authority, New Zealand
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Attock Cement Pakistan Limited
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- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
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- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
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- White Energy Company Limited
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- Holcim Trading Pte Ltd - Singapore
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- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
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- CIMB Investment Bank - Malaysia
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- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
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- Eastern Coal Council - USA
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- Ambuja Cements Ltd - India
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- Energy Development Corp, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
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- Goldman Sachs - Singapore
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