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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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Saturday, 11 September 21
RECORD CHINESE COAL FUTURES SIGNAL NEED TO BOOST OUTPUT - REUTERS
China’s coal prices have climbed to a record high, signaling the need for more production in the short term, even as the government tries to ...
Saturday, 11 September 21
IN 2022, EIA EXPECTS U.S. COAL PRODUCTION TO INCREASE BY 47 MMST TO 648 MMST
U.S. Coal production accordng to EIA's forecast, totals 601 million short tons (MMst) in 2021, 66 MMst more than in 2020, EIA's Short-Term ...
Wednesday, 08 September 21
FITCH RATINGS RAISES THERMAL COAL PRICE ASSUMPTIONS ON TIGHT SUPPLY
Fitch Ratings has increased all its Qinhuangdao 5,500kcal/kg price assumptions and short- and medium-term Newcastle 6,000kcal/kg price assumptions ...
Wednesday, 08 September 21
COAL IS STILL KING; INDONESIAN COAL PRICE REFERENCE ABOVE $150 FOR FIRST TIME IN HISTORY
COALspot.com: The Indonesian Coal Price Reference rose dramatically from US$ 127.05 in February 2011, to a peak of US$ 150.03 in September 2021, be ...
Wednesday, 08 September 21
MARKET INSIGHT - INTERMODAL
Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness. The dry bulk index exceeded the 4,0 ...
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- Port Waratah Coal Services - Australia
- White Energy Company Limited
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Thai Mozambique Logistica
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- Indian Oil Corporation Limited
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- Eastern Energy - Thailand
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- Goldman Sachs - Singapore
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- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
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- Chamber of Mines of South Africa
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- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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- Bangladesh Power Developement Board
- Australian Coal Association
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- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
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- Ministry of Mines - Canada
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- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Indogreen Group - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Gujarat Sidhee Cement - India
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
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- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
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- Energy Link Ltd, New Zealand
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
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- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
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- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
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- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Riau Bara Harum - Indonesia
- Bharathi Cement Corporation - India
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- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Billiton Holdings Pty Ltd - Australia
- Independent Power Producers Association of India
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
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