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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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Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply ...
Wednesday, 20 October 21
MARKET INSIGHT - INTERMODAL
IMO 2020, Ballast Water Treatment regulations, Green Recycling, GHG emissions, EEXI, CII, ETS, Fit for 55, Carbon price/levy, the Poseidon Principl ...
Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...
Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...
Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected
If India keeps installing solar capacity a ...
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- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Australian Coal Association
- Chettinad Cement Corporation Ltd - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Vizag Seaport Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Riau Bara Harum - Indonesia
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- SMG Consultants - Indonesia
- Manunggal Multi Energi - Indonesia
- International Coal Ventures Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Star Paper Mills Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- Kumho Petrochemical, South Korea
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Port Waratah Coal Services - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Parliament of New Zealand
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