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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, 21 October 20
INDIA: THE COMMERCIALISATION OF COAL BLOCKS WILL BENEFIT THE ECONOMY - HINDU BUSINESS LINE
As the government of India receives 76 bids for 23 coal mines against the 38 up on auction, what does this commercialisation of coal block allocati ...
Wednesday, 21 October 20
MARKET INSIGHT - INTERMODAL
The second wave of COVID-19 is now a reality; offices are closing again, and stricter rules and regulations are being implemented in public spaces. ...
Tuesday, 20 October 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.82 PCT - XINHUA
China Taiyuan coal transaction price index stood at 127.49 points Monday, up 0.82 percent week on week.
The index, released by China ...
Tuesday, 20 October 20
BIMCO 'SHIPLEASE' TERM SHEET - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The ever-growing importance of sale and leaseback transactions as an alternative to financing ships by way of loan, makes ...
Friday, 16 October 20
KOMIPO ON BEHALF OF K GENCO'S INVITED BIDS FOR TOTAL 715,000 MT MIN. 5,700 NAR COAL FOR DECEMBER
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) on behalf of EWP, KOSPO, KOSEP and KOWEPO has issued an international tender for total 715,000& ...
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- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sojitz Corporation - Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- MS Steel International - UAE
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Mercuria Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- GVK Power & Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Larsen & Toubro Limited - India
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Planning Commission, India
- Renaissance Capital - South Africa
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- SMC Global Power, Philippines
- SMG Consultants - Indonesia
- Semirara Mining Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Timah Investasi Mineral - Indoneisa
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Lanco Infratech Ltd - India
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