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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, 04 November 21
FASTER DECARBONISATION: BACK TO BASICS FOR THE MINING INDUSTRY? - WOOD MACKENZIE
To the uninitiated, rugby is a technical and complicated game. As young schoolboys it was all a wee bit confusing and we invariably ended up on the ...
Wednesday, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of c ...
Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...
Wednesday, 03 November 21
HIGHER COKING COAL PRICES TO PARE PROFITABILITY OF STEELMAKERS IN SECOND HALF OF FY22 - CRISIL RATINGS
The operating margin of primary steelmakers will reduce by a third to 24-26% in the second half of this fiscal versus the first half as input cost ...
Wednesday, 03 November 21
MARKET INSIGHT - INTERMODAL
November is here and soon the all time seasonal favorite “all I want or Christmas is you” by Mariah Carey will be played in radio stati ...
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- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- ICICI Bank Limited - India
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Minerals Council of Australia
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Attock Cement Pakistan Limited
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- SMG Consultants - Indonesia
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Parliament of New Zealand
- Economic Council, Georgia
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- Global Coal Blending Company Limited - Australia
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Aditya Birla Group - India
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Australian Coal Association
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
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