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Thursday, 04 June 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose 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 531 yuan (about 74.7 U.S. dollars) per tonne Wednesday, a rise of 1 yuan week on week, according to Qinhuangdao Ocean Shipping Coal Trading Market Co. Ltd.
Analysts said that the reasons for the narrowing of the index rise included a sharp decline in stocks at Bohai-Rim ports, a decrease in daily consumption of downstream power plants, and a cooling of market trading activities. In addition, the coal prices from large coal enterprises did not come out at the beginning of the month, resulting in a strong wait-and-see mood in the market.
The large stock gap in ports, coupled with the increase in the number of coal mines that have reduced production or stopped production, supported the weak upward trend in the price of thermal coal. The buyer’s bargaining power was strengthened by the gradual decline in daily coal consumption in coastal power plants, which inhibited the upward movement of coal prices, according to analysts.
Released every Wednesday, the BSPI is a leading indicator of China’s coal prices.
Source: Xinhua
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Friday, 10 July 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 10 July 20
GLOBAL SHIPPING EARNINGS FORECAST CUT AS SUPPLY SET TO OUTSTRIP DEMAND - MOODY'S
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020 ...
Friday, 10 July 20
SLOW RECOVERY IN TANKER RATES TO WEIGH ON BUANA LINTAS LAUTAN - FITCH RATINGS
Fitch Ratings believes that international tanker rates are likely improve after their sharp fall since May 2020, albeit at a slow pace. The weaknes ...
Wednesday, 08 July 20
MARKET INSIGHT - INTERMODAL
During the previous month, the dry bulk market witnessed an impressive increase in the BDI index that has reached 1800 points from 500 with a clear ...
Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a ...
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- International Coal Ventures Pvt Ltd - India
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- Anglo American - United Kingdom
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- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
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- The University of Queensland
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- The State Trading Corporation of India Ltd
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- Rio Tinto Coal - Australia
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- Indian Oil Corporation Limited
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- VISA Power Limited - India
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- Bahari Cakrawala Sebuku - Indonesia
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- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
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- Ministry of Finance - Indonesia
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- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
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- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
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- White Energy Company Limited
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- Tamil Nadu electricity Board
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- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
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- Thai Mozambique Logistica
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- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
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- ASAPP Information Group - India
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- Vijayanagar Sugar Pvt Ltd - India
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