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Wednesday, 14 October 20
CHINA COKING COAL FUTURES RALLY ON REPORTED BAN ON AUSTRALIA CARGOES - REUTERS
Dalian coking coal futures rallied for a sixth straight session on Tuesday after reports surfaced that China had stopped buying coal from Australia.
China is the biggest importer of Australian coal, taking 27% of its metallurgical coal in the year ended June and 20% of its thermal coal. Coal was Australia’s second-largest export last year, behind iron ore, worth A$55 billion ($39.52 billion).
Coking coal on China’s Dalian Commodity Exchange closed 1.5% higher at 1,350 yuan a tonne, after touching a contract-high 1,373 yuan earlier in the session.
Coke futures also jumped 1.5% to 2,102.50 yuan a tonne, rising for a fifth session and hitting a contract-high 2,127.50 yuan.
Coke, the processed form of coking coal, is the primary reducing agent of the steelmaking raw material iron ore.
Australia said it was investigating media reports that China has banned its thermal and metallurgical coal, while playing down a potential sign of escalating trade tensions between the two countries.
Chinese steel mills’ reaction to the news seemed to be somewhat muted as the country’s import quota for Australian coal is “already tight”, analysts at Sinosteel Futures Co Ltd in Beijing said.
China’s coal import restrictions resurface from time to time to stabilise local prices during periods of plentiful domestic supply. There may be “another concerted effort by authorities to support the domestic market”, analysts at ANZ said in a note.
The Australian government expects coking coal purchases by China, the world’s top steel producer, to fall to 67 million tonnes this year, from about 75 million tonnes last year.
“The uncertainty (over China’s coal import policy) still exists,” Sinosteel analysts said in a note.
Iron ore futures slumped after data showed China’s imports of the raw material in September rose 8.2% from the prior month, and 9.3% from a year ago to 108.55 million tonnes.
Dalian iron ore dropped 1.6% while the Singapore Exchange benchmark slumped 2.8% by 0715 GMT.
Construction steel rebar on the Shanghai Futures Exchange dipped 0.3% and hot-rolled coil slipped 0.1%. Stainless steel lost 0.9%.
Source: Reuters
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Wednesday, 25 November 20
MARKET INSIGHT - INTERMODAL
Over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being marketed at an afforda ...
Friday, 20 November 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 ...
Thursday, 19 November 20
MARKET INSIGHT - INTERMODAL
As we are moving towards the end of the year, the overall deal landscape of the dry bulk sector corresponding to the second half of 2020 (up to dat ...
Tuesday, 17 November 20
COAL SQUEEZE INTENSIFIES - BALTIC EXCHANGE
The message from the top is clear: cut out coal. While the regulatory pressure has been evident for some time, the race to banish the black stuff s ...
Tuesday, 17 November 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.35 PCT - XINHUA
China Taiyuan coal transaction price index stood at 128.72 points Monday, up 0.35 percent week on week.
The index, released by China ...
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- Meralco Power Generation, Philippines
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- The University of Queensland
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- San Jose City I Power Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Carbofer General Trading SA - India
- Planning Commission, India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Lanco Infratech Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Borneo Indobara - Indonesia
- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Cement Manufacturers Association - India
- Dalmia Cement Bharat India
- Eastern Energy - Thailand
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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