COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 08 September 21
FITCH RATINGS RAISES THERMAL COAL PRICE ASSUMPTIONS ON TIGHT SUPPLY
Fitch RatingsFitch Ratings has increased all its Qinhuangdao 5,500kcal/kg price assumptions and short- and medium-term Newcastle 6,000kcal/kg price assumptions due to thermal coal supply constraints in China.
 
Chinese regulations further tightening the mine safety requirements implemented earlier this year have reduced thermal coal production in the country despite strong demand driven by the economic recovery. Thermal power generation increased in China in January to July by 13.2% yoy, while non-power coal consumption increased by 7.7% yoy, causing rapid increases in coal prices. Coal inventories have been declining, even though import volumes increased in June and July.
 
The government has launched some mitigating actions, including re-opening open-pit mines capable of producing 67 million tonnes of coal per year, approving new production capacities and requesting mines increase production volumes. These measures, and seasonally weaker demand in September and October, should help moderate prices from the current high levels; however, we expect average domestic prices for 2021 to be higher than in our previous price deck.
 
Our increased price assumptions for the Chinese benchmark in 2022 and thereafter reflect structurally tighter supply, lower incentives to invest in new coal mines and an emerging trend of local governments and mining companies closing older coal mines in order to meet carbon-reduction targets. Furthermore, the central government has demonstrated its tolerance of high coal prices, while local governments in coal-producing regions are motivated to keep supply relatively tight.
 
The stronger domestic prices in China have also affected seaborne prices, despite China’s ban on coal imports from Australia. Trade flows have adjusted as a result, with China now importing more coal from Russia, Indonesia and other countries, with Australia now exporting more to India and Korea. We therefore have increased our 2021–2023 Newcastle 6,000kcal/kg assumptions. We have kept longer-term price assumptions for the Australian benchmark unchanged. We anticipate that pressures to reduce coal power generation in many key markets consuming Australian coal will eventually lessen coal demand and help normalise the seaborne prices.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 26 August 21
INDIA IMPORTED 17.06 MLN TONNES OF LPG IN 2020; UP 11.5% Y-O-Y
Global LPG trade remained fairly positive in 2020, despite the global economic impact from COVID-19, and surged strongly in the first half of 2021. ...


Thursday, 26 August 21
MARKET INSIGHT - INTERMODAL
24th of August 2021, the Baltic Dry Index reached 4,201, a YTD high and the highest since May 2010. Cape 5TC daily average @ 51,472 ...


Tuesday, 24 August 21
COAL PRICE RALLY TO PRESSURE CHINESE POWER GENCOS’ MARGINS FITCH RATINGS
Fitch Ratings expects the pressure on Chinese power generation companies’ (gencos) profit from the recent coal price surge to weaken their cr ...


Tuesday, 24 August 21
TIGHT POWER SUPPLY IN CHINA AMID STRONG DEMAND, HIGH COAL PRICES - FITCH RATINGS
China experienced tight power supply in 1H21 on stronger than expected power demand as economic activity continued to recover, Fitch Ratings says i ...


Monday, 23 August 21
CHINESE COAL PRODUCTION RISES 4.9 PCT IN 1ST 7 MONTHS OF 2021 - NBS
Official figures demonstrated that the Chinese raw coal production surged 4.9 percent annually to 2.26 billion tonnes in the January-July period of ...


   98 99 100 101 102   
Showing 496 to 500 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • TeaM Sual Corporation - Philippines
  • GN Power Mariveles Coal Plant, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Platts
  • South Luzon Thermal Energy Corporation
  • Global Business Power Corporation, Philippines
  • Latin American Coal - Colombia
  • Thriveni
  • Arutmin Indonesia
  • Antam Resourcindo - Indonesia
  • Permata Bank - Indonesia
  • Lanco Infratech Ltd - India
  • PTC India Limited - India
  • EMO - The Netherlands
  • J M Baxi & Co - India
  • Fearnleys - India
  • Bayan Resources Tbk. - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Timah Investasi Mineral - Indoneisa
  • Britmindo - Indonesia
  • KOWEPO - South Korea
  • Berau Coal - Indonesia
  • Thermax Limited - India
  • Bhoruka Overseas - Indonesia
  • DBS Bank - Singapore
  • AsiaOL BioFuels Corp., Philippines
  • Indonesian Coal Mining Association
  • Mitsubishi Corporation
  • World Bank
  • Singapore Mercantile Exchange
  • CIMB Investment Bank - Malaysia
  • Enel Italy
  • Jindal Steel & Power Ltd - India
  • Siam City Cement - Thailand
  • Coal Orbis AG
  • Sucofindo - Indonesia
  • Chamber of Mines of South Africa
  • EIA - United States
  • CoalTek, United States
  • Sojitz Corporation - Japan
  • Jorong Barutama Greston.PT - Indonesia
  • Gujarat Sidhee Cement - India
  • World Coal - UK
  • Credit Suisse - India
  • Toyota Tsusho Corporation, Japan
  • Directorate Of Revenue Intelligence - India
  • UBS Singapore
  • Asia Cement - Taiwan
  • ICICI Bank Limited - India
  • Adaro Indonesia
  • IEA Clean Coal Centre - UK
  • IBC Asia (S) Pte Ltd
  • Neyveli Lignite Corporation Ltd, - India
  • Electricity Generating Authority of Thailand
  • Geoservices-GeoAssay Lab
  • Eastern Coal Council - USA
  • Samtan Co., Ltd - South Korea
  • Pinang Coal Indonesia
  • Bharathi Cement Corporation - India
  • Renaissance Capital - South Africa
  • OCBC - Singapore
  • Noble Europe Ltd - UK
  • Coalindo Energy - Indonesia
  • U S Energy Resources
  • Clarksons - UK
  • Medco Energi Mining Internasional
  • McKinsey & Co - India
  • Idemitsu - Japan
  • Thiess Contractors Indonesia
  • Humpuss - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Thailand Anthracite
  • GHCL Limited - India
  • GB Group - China
  • Rio Tinto Coal - Australia
  • Coal and Oil Company - UAE
  • KPCL - India
  • Therma Luzon, Inc, Philippines
  • Commonwealth Bank - Australia
  • Krishnapatnam Port Company Ltd. - India
  • Salva Resources Pvt Ltd - India
  • Energy Link Ltd, New Zealand
  • Billiton Holdings Pty Ltd - Australia
  • Romanian Commodities Exchange
  • Sarangani Energy Corporation, Philippines
  • Panama Canal Authority
  • Makarim & Taira - Indonesia
  • Runge Indonesia
  • ING Bank NV - Singapore
  • Indian Energy Exchange, India
  • Grasim Industreis Ltd - India
  • The State Trading Corporation of India Ltd
  • Marubeni Corporation - India
  • Merrill Lynch Bank
  • TGV SRAAC LIMITED, India
  • Sree Jayajothi Cements Limited - India
  • Maersk Broker
  • GMR Energy Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Formosa Plastics Group - Taiwan
  • Cargill India Pvt Ltd
  • TRAFIGURA, South Korea
  • Bangladesh Power Developement Board
  • RBS Sempra - UK
  • Mjunction Services Limited - India
  • London Commodity Brokers - England
  • Independent Power Producers Association of India
  • GVK Power & Infra Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Xstrata Coal
  • Bahari Cakrawala Sebuku - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Riau Bara Harum - Indonesia
  • JPower - Japan
  • Cosco
  • GAC Shipping (India) Pvt Ltd
  • Maybank - Singapore
  • New Zealand Coal & Carbon
  • Central Electricity Authority - India
  • ANZ Bank - Australia
  • Goldman Sachs - Singapore
  • Coal India Limited
  • TANGEDCO India
  • Madhucon Powers Ltd - India
  • Samsung - South Korea
  • Kohat Cement Company Ltd. - Pakistan
  • PowerSource Philippines DevCo
  • Vitol - Bahrain
  • globalCOAL - UK
  • Sakthi Sugars Limited - India
  • Iligan Light & Power Inc, Philippines
  • Leighton Contractors Pty Ltd - Australia
  • Maheswari Brothers Coal Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Surastha Cement
  • ASAPP Information Group - India
  • NALCO India
  • Ambuja Cements Ltd - India
  • Kalimantan Lumbung Energi - Indonesia
  • Mintek Dendrill Indonesia
  • Electricity Authority, New Zealand
  • Maharashtra Electricity Regulatory Commission - India
  • Ministry of Mines - Canada
  • Bukit Baiduri Energy - Indonesia
  • Sical Logistics Limited - India
  • Petron Corporation, Philippines
  • Indonesia Power. PT
  • Bulk Trading Sa - Switzerland
  • Kumho Petrochemical, South Korea
  • Reliance Power - India
  • IHS Mccloskey Coal Group - USA
  • Sindya Power Generating Company Private Ltd
  • Mercator Lines Limited - India
  • Globalindo Alam Lestari - Indonesia
  • CESC Limited - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Vijayanagar Sugar Pvt Ltd - India
  • ETA - Dubai
  • Parliament of New Zealand
  • Bhatia International Limited - India
  • Africa Commodities Group - South Africa
  • Ministry of Finance - Indonesia
  • Core Mineral Indonesia
  • Port Waratah Coal Services - Australia
  • Economic Council, Georgia
  • Mitsui
  • Siam City Cement PLC, Thailand
  • Georgia Ports Authority, United States
  • Cemex - Philippines
  • Star Paper Mills Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Edison Trading Spa - Italy
  • IOL Indonesia
  • Adani Power Ltd - India
  • VISA Power Limited - India
  • CNBM International Corporation - China
  • Miang Besar Coal Terminal - Indonesia
  • Karaikal Port Pvt Ltd - India
  • KEPCO - South Korea
  • Petrochimia International Co. Ltd.- Taiwan
  • Banpu Public Company Limited - Thailand
  • Vizag Seaport Private Limited - India
  • PNOC Exploration Corporation - Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Peabody Energy - USA
  • Oldendorff Carriers - Singapore
  • Petrosea - Indonesia
  • SRK Consulting
  • Deloitte Consulting - India
  • Moodys - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • Standard Chartered Bank - UAE
  • McConnell Dowell - Australia
  • Deutsche Bank - India
  • Heidelberg Cement - Germany
  • Altura Mining Limited, Indonesia
  • Attock Cement Pakistan Limited
  • Platou - Singapore
  • Posco Energy - South Korea
  • SUEK AG - Indonesia
  • Total Coal South Africa
  • International Coal Ventures Pvt Ltd - India
  • Agrawal Coal Company - India
  • Kobexindo Tractors - Indoneisa
  • Essar Steel Hazira Ltd - India
  • Bank of China, Malaysia
  • Gresik Semen - Indonesia
  • Argus Media - Singapore
  • Indika Energy - Indonesia
  • Baramulti Group, Indonesia
  • Tata Power - India
  • Cardiff University - UK
  • SMG Consultants - Indonesia
  • Cement Manufacturers Association - India
  • WorleyParsons
  • SASOL - South Africa
  • Barclays Capital - USA
  • Inco-Indonesia
  • Parry Sugars Refinery, India
  • Metalloyd Limited - United Kingdom
  • Ernst & Young Pvt. Ltd.
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Shree Cement - India
  • Japan Coal Energy Center
  • Vedanta Resources Plc - India
  • Arch Coal - USA
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Ceylon Electricity Board - Sri Lanka
  • Jatenergy - Australia
  • Tanito Harum - Indonesia
  • Aboitiz Power Corporation - Philippines
  • The India Cements Ltd
  • Indorama - Singapore
  • Malco - India
  • Anglo American - United Kingdom
  • Indian Oil Corporation Limited
  • India Bulls Power Limited - India
  • Ministry of Transport, Egypt
  • Videocon Industries ltd - India
  • BRS Brokers - Singapore
  • Power Finance Corporation Ltd., India
  • SGS (Thailand) Limited
  • Pendopo Energi Batubara - Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • NTPC Limited - India
  • PLN - Indonesia
  • SMC Global Power, Philippines
  • Lafarge - France
  • Barasentosa Lestari - Indonesia
  • Orica Mining Services - Indonesia
  • KPMG - USA
  • Holcim Trading Pte Ltd - Singapore
  • APGENCO India
  • Trasteel International SA, Italy
  • MEC Coal - Indonesia
  • Australian Coal Association
  • Gujarat Electricity Regulatory Commission - India
  • Ince & co LLP
  • Coaltrans Conferences
  • Bukit Makmur.PT - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • TNPL - India
  • Global Coal Blending Company Limited - Australia
  • PetroVietnam
  • Wilmar Investment Holdings
  • The University of Queensland
  • Tata Chemicals Ltd - India
  • Shenhua Group - China
  • Central Java Power - Indonesia
  • bp singapore
  • Bhushan Steel Limited - India
  • Manunggal Multi Energi - Indonesia
  • Merrill Lynch Commodities Europe
  • Semirara Mining and Power Corporation, Philippines
  • Ind-Barath Power Infra Limited - India
  • UOB Asia (HK) Ltd
  • GNFC Limited - India
  • Freeport Indonesia
  • Asian Development Bank
  • IMC Shipping - Singapore
  • Bangkok Bank PCL
  • Qatrana Cement - Jordan
  • Coeclerici Indonesia
  • Kobe Steel Ltd - Japan
  • MS Steel International - UAE
  • Mercuria Energy - Indonesia
  • Uttam Galva Steels Limited - India
  • Vale Mozambique
  • Mitra SK Pvt Ltd - India
  • Kartika Selabumi Mining - Indonesia
  • Minerals Council of Australia
  • Intertek Mineral Services - Indonesia
  • CCIC - Indonesia
  • JPMorgan - India
  • Borneo Indobara - Indonesia
  • BNP Paribas - Singapore
  • The Treasury - Australian Government
  • Glencore India Pvt. Ltd
  • San Jose City I Power Corp, Philippines
  • Inspectorate - India
  • Malabar Cements Ltd - India
  • Kideco Jaya Agung - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • Tamil Nadu electricity Board
  • Jaiprakash Power Ventures ltd
  • LBH Netherlands Bv - Netherlands
  • HSBC - Hong Kong
  • Karbindo Abesyapradhi - Indoneisa
  • Savvy Resources Ltd - HongKong
  • Wood Mackenzie - Singapore
  • Orica Australia Pty. Ltd.
  • Planning Commission, India
  • Thai Mozambique Logistica
  • Russian Coal LLC
  • ACC Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Xindia Steels Limited - India
  • Kaltim Prima Coal - Indonesia
  • Cebu Energy, Philippines
  • Gupta Coal India Ltd
  • Price Waterhouse Coopers - Russia
  • Dalmia Cement Bharat India
  • Alfred C Toepfer International GmbH - Germany
  • Carbofer General Trading SA - India
  • Meralco Power Generation, Philippines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Meenaskhi Energy Private Limited - India
  • Straits Asia Resources Limited - Singapore
  • Thomson Reuters GRC
  • Asmin Koalindo Tuhup - Indonesia
  • Infraline Energy - India
  • Indo Tambangraya Megah - Indonesia
  • Rudhra Energy - India
  • Semirara Mining Corp, Philippines
  • Global Green Power PLC Corporation, Philippines
  • Energy Development Corp, Philippines
  • White Energy Company Limited
  • Aditya Birla Group - India
  • Chettinad Cement Corporation Ltd - India
  • PLN Batubara - Indonesia
  • Coastal Gujarat Power Limited - India
  • Mechel - Russia
  • Interocean Group of Companies - India
  • Eastern Energy - Thailand
  • Bank of America
  • Simpson Spence & Young - Indonesia
  • Maruti Cements - India
  • Australian Commodity Traders Exchange
  • Larsen & Toubro Limited - India
  • Indogreen Group - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Indian School of Mines