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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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Thursday, 02 March 23
DRY BULK MARKET: THE WAY CHINA GOES, SO GOES THE MARKET - BIMCO
We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should hel ...
Thursday, 02 March 23
INDIA, CHINA DEMAND BOOST LOW-RANK THERMAL COAL PRICES IN ASIA - RUSSELL, REUTERS
Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades most commonly sought by the world’s ...
Thursday, 02 March 23
INDIA CHEERS THE RETURN OF ‘KING COAL’ AS INDUSTRY SEES BUOYANT FUTURE - REUTERS
India’s coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand ...
Wednesday, 01 March 23
GEO CONNECT ASIA RETURNS IN MARCH TO ACCELERATE THE REGION’S GEOSPATIAL AND LOCATION INTELLIGENCE CAPABILITIES
Press Release: The third edition of GCA will be held in conjunction with Digital Construction Asia and the inaugural Drones Asia – an event d ...
Wednesday, 01 March 23
THE DECLINE IN THE COAL PRICE SINCE THE BEGINNING OF THE YEAR HAS BEEN SIGNIFICANT - INTERMODAL
Last week, the front-month API2 future rose by 3.5%, but since the beginning of the year the future has fallen by 39% to $136.65/t, while the Newca ...
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- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Kartika Selabumi Mining - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- CNBM International Corporation - China
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Standard Chartered Bank - UAE
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Siam City Cement - Thailand
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Cigading International Bulk Terminal - Indonesia
- Interocean Group of Companies - India
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- The University of Queensland
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
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