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Wednesday, 06 October 21
EUROPEAN COAL FUTURES CLIMB TO 13-YEAR PEAK - REUTERS
European coal futures rose to a 13-year high and physical thermal coal prices were at record highs as rallying gas prices and strong Asian demand fuelled coal buying.
The European API2 coal futures contract for 2022 was 6.7% higher at $179.25 a tonne by 1427 GMT, the highest level since 2008.
The continued rally in European natural gas prices has incentivised more coal-fired power generation in Europe which is helping to drive up prices, analysts said.
European benchmark natural gas prices at the Dutch TTF hub are at all-time highs and some contracts are nearing 100 euros ($116.28) per megawatt hour.
“Looking at the European fuel complex, gas has for some time now lost its competitive advantage over coal in the fuel switch. As a consequence, coal use has significantly gone up in northwest Europe,” said Swedish energy consultancy ELS Analysis.
Physical thermal coal prices are also at all-time highs. Australian coal cargoes for delivery from the Newcastle terminal in November settled at $230.05 on Friday.
In the European physical thermal coal market, cargoes into Amsterdam, Rotterdam and Antwerp (ARA) in November also settled at a record high of $238.50 a tonne on Friday.
A cold winter in Asia, followed by a hot summer and stronger economic growth, has also caused Chinese demand to increase significantly, analysts at Commerzbank said.
Source: Reuters
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Monday, 09 August 21
CHINA COAL INVENTORY THINS AMID PEAK POWER DEMAND- STATE MEDIA : REUTERS
China’s coal inventories have dropped to near historic lows since August due to peak summer electricity demand and transportation bottlenecks ...
Wednesday, 04 August 21
THE INDONESIAN COAL PRICE REFERENCE SURGED TO A FRESH RECORD HIGH OF USD 130.99 A TON IN AUGUST 2021
COALspot.com: The Indonesian Coal Price Reference ( HBA) surged to a fresh record high of USD 130.99 a ton in August 2021.
The ...
Wednesday, 04 August 21
MARKET INSIGHT - INTERMODAL
Unlike the Dry Bulk and Container sectors where freight rates have surged into 2021, the tankers market continues to experience lackluster earnings ...
Sunday, 01 August 21
SEABORNE HARD COAL TRADE IN 2020 DECREASED BY 149 MILLION MT, OR 12.1%, TO 1,083 MILLION MT - GERMAN COAL IMPORTERS ASSOCIATION
- Reduced coal-fired power plant fleet secures Germany’s power supply in severe winter of 2020/2021; little wind availability and hence stron ...
Wednesday, 28 July 21
IN THE PHILIPPINES, COAL’S DEMISE MAKES WAY FOR A RENEWABLE ENERGY BOOM - IEEFA
Imported gas lock-in could undermine the economic benefits of a clean energy transition
The Philippines’ energy sector is on t ...
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- The University of Queensland
- Petron Corporation, Philippines
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Dalmia Cement Bharat India
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- LBH Netherlands Bv - Netherlands
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Rio Tinto Coal - Australia
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Directorate Of Revenue Intelligence - India
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- ASAPP Information Group - India
- PTC India Limited - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Australian Coal Association
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Bharathi Cement Corporation - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Siam City Cement - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Bukit Makmur.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- New Zealand Coal & Carbon
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- White Energy Company Limited
- India Bulls Power Limited - India
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
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