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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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Thursday, 15 July 21
U.S. FOSSIL FUEL CONSUMPTION FELL BY 9% IN 2020, THE LOWEST LEVEL IN NEARLY 30 YEARS - EIA
U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years
In 2020, total consumption of fossil fuels in t ...
Thursday, 15 July 21
IN 2020, U.S. COAL PRODUCTION FELL TO ITS LOWEST LEVEL SINCE 1965 - EIA
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal pro ...
Wednesday, 14 July 21
MARKET INSIGHT - INTERMODAL
In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and de ...
Tuesday, 13 July 21
JAPAN STILL SEEKING TO EXPLOIT COAL POWER LOOPHOLES - IEEFA
JBIC wants to continue burdening developing nations with its expensive coal-fired power technology
Japan is continuing to push its expensive c ...
Sunday, 11 July 21
COAL SHOWS ITS STAYING POWER AS ECONOMIES BOUNCE BACK - THE WALL STREET JOURNAL
Coal use is surging in some of the world’s largest economies as electricity demand rebounds from the pandemic, illustrating the challenges to ...
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- Bayan Resources Tbk. - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Metalloyd Limited - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Indian Energy Exchange, India
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- India Bulls Power Limited - India
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Central Java Power - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Jaiprakash Power Ventures ltd
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Sical Logistics Limited - India
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