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Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by flooding.
Heavy rains hit Shanxi in recent days, the country’s biggest coal producing province, after record floods struck the mining region of Henan in July.
Thermal coal on the Zhengzhou Commodity Exchange rose by over 10% on Tuesday.
The floods further complicate China’s efforts to increase fuel supplies to ease its deepening energy crisis.
Shanxi Province, which produced around a third of China’s coal supplies this year, was forced to temporarily shut dozens of mines due to flooding. Although some sites are now slowly resuming operations.
At least 15 people have died during the severe flooding that has affected more than 1.76 million people in the province, local officials said on Tuesday.
Torrential rain last week led to houses collapsing and triggered landslides across more than 70 districts and cities in the northern province.
Even before the flooding, China was already facing an energy shortage which has caused power cuts in large parts of the country.
In recent weeks, energy firms have been forced to limit electricity supplies to millions of homes and business.
On Friday, Beijing reportedly ordered China’s coal mines to boost output.
The move was the latest attempt by authorities to increase coal supplies after prices hit record highs and electricity shortages forced energy firms to ration power.
Since last month, a series of power cuts has forced factories to cut back production or stop operations completely
Manufacturing hubs in the northeast of China have been hit particularly hard.
The latest rise in the price of thermal coal prices comes on top of a 12% jump on Monday.
Energy prices have been rising across the world as the global economy starts to emerge from the pandemic.
On Monday, the cost of Brent crude hit its highest since level October 2018, while US-traded oil touched a fresh seven-year-high.
Source: BBC
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Monday, 27 September 21
CHINESE COAL FIRMS MEET TO ADDRESS WINTER SUPPLY CHALLENGES - CNBC
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, ...
Saturday, 25 September 21
HIGH STAKES FOR ASIAN DEVELOPMENT BANK’S AMBITIOUS COAL POWER RETIREMENT PLAN - IEEFA
Implementation challenges could block funding for other equally important high impact clean energy funding strategies
In the lead up ...
Thursday, 23 September 21
LONGER COAL CONTRACTS MAY REIN IN PRICES - ECNS
In China’s coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel con ...
Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rat ...
Thursday, 23 September 21
RECORD-HIGH GAS PRICES AFFECT MANY EUROPEAN CORPORATE SECTORS - FITCH RATINGS
Record-high natural gas prices are putting pressure on supply chains of many European corporate sectors, including non-integrated energy suppliers, ...
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- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Manunggal Multi Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement - Thailand
- Indogreen Group - Indonesia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- London Commodity Brokers - England
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- International Coal Ventures Pvt Ltd - India
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Sindya Power Generating Company Private Ltd
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- Planning Commission, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- Independent Power Producers Association of India
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Grasim Industreis Ltd - India
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
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