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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, 01 September 21
KOMIPO TO BUY 1.56 MILLION TONS OF 5600 NAR COAL OF AUSTRALIA OR SOUTH AFRICAN ORIGIN FOR 2022 - 2024
COALspot.com: Korea Midland Power Co., Ltd (KOMIPO) has issued an international tender for total 1,560,000 MT of Bituminous Coal to be used a ...
Wednesday, 01 September 21
MARKET INSIGHT - INTERMODAL
As the summer season is coming to an end, the dry bulk market continues to rally. The confidence that the outstanding freight market performance ha ...
Monday, 30 August 21
68% OF U.S. COAL FLEET RETIREMENTS SINCE 2011 WERE PLANTS FUELED BY BITUMINOUS COAL - EIA
In 2011, the United States had 317.6 gigawatts (GW) of coal-fired electric generation capacity. About 88.7 GW of that capacity was retired in the d ...
Friday, 27 August 21
ALL YOU NEED TO KNOW ABOUT COAL'S MASSIVE RALLY AND NEAR-TERM OUTLOOK - CNBCTV18
Australia’s thermal coal at Newcastle Port, the benchmark for the vast Asian market, has surged over 100 percent this year to trade above $16 ...
Friday, 27 August 21
THE ECONOMICS OF INDONESIA’S DIESEL POWER PLANT TO GAS CONVERSION PLAN ARE PROBLEMATIC - IEEFA
Deploying new small-scale LNG is an uphill battle for PGN
Indonesian gas is currently in a precarious position, where the government needs to ...
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- White Energy Company Limited
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Maheswari Brothers Coal Limited - India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Riau Bara Harum - Indonesia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Miang Besar Coal Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Romanian Commodities Exchange
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Sical Logistics Limited - India
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Bangladesh Power Developement Board
- Vijayanagar Sugar Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Electricity Authority, New Zealand
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Meralco Power Generation, Philippines
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