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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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Wednesday, 22 September 21
MARKET INSIGHT - INTERMODAL
The unfolding last week of a trilateral defence pact between the United States, Australia, the United Kingdom (AUKUS) envisages a wide range of col ...
Tuesday, 21 September 21
CHINESE COAL IMPORTS FROM AUSTRALIA DROP 98.6% AS RESTRICTIONS BITE - BIMCO
In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian c ...
Tuesday, 21 September 21
CHINA'S COAL OUTPUT RESUMES GROWTH IN AUGUST - XINHUA
China’s raw coal output rose 0.8 percent year on year to 340 million tonnes last month, official data showed.
The growth rate ...
Wednesday, 15 September 21
MARKET INSIGHT - INTERMODAL
Following the oil price sell off during most of August, partly triggered by oil demand fears amid the delta COVID variant, oil prices have resumed ...
Saturday, 11 September 21
CIL STEPS UP SUPPLY COAL TO POWER SECTOR; PER-DAY AVERAGE 20 PC HIGHER THAN LAST YEAR - PTI
State-owned CIL on Friday said it has stepped up the supply of coal to the power sector in the first eight days of the current month, with an avera ...
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- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Australian Coal Association
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Energy Link Ltd, New Zealand
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Renaissance Capital - South Africa
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- PTC India Limited - India
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- White Energy Company Limited
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Ministry of Finance - Indonesia
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- McConnell Dowell - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Standard Chartered Bank - UAE
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- The University of Queensland
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
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