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

Tuesday, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...


Monday, 27 September 21
CHINESE COAL FIRMS MEET TO ADDRESS WINTER SUPPLY CHALLENGES - CNBC
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, ...


Saturday, 25 September 21
HIGH STAKES FOR ASIAN DEVELOPMENT BANK’S AMBITIOUS COAL POWER RETIREMENT PLAN - IEEFA
Implementation challenges could block funding for other equally important high impact clean energy funding strategies   In the lead up ...


Thursday, 23 September 21
LONGER COAL CONTRACTS MAY REIN IN PRICES - ECNS
In China’s coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel con ...


Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rat ...


   94 95 96 97 98   
Showing 476 to 480 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 ...

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