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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.
Thermal coal for January delivery, the most actively traded contract on the Zhengzhou Commodity Exchange, hit a record high of 1,982 yuan per tonne.
Prices are up more than 260% year to date.
With winter approaching temperatures in most central and eastern regions have been lower than normal in the past 10 days, data from China’s National Meteorological Center showed.
“Plunging temperatures across parts of China stoked fears that shortages in power are likely to increase over the coming northern hemisphere winter,” ANZ analysts said in a note to clients.
Shortages of coal, high fuel prices and booming post-pandemic industrial demand have sparked widespread power shortages.
Power rationing has been in place in at least 17 of mainland China’s more than 30 regions since September, forcing some factories to suspend production, disrupting supply chains and adding to factory gate inflation concerns.
Last week, China took its boldest step in power reform by allowing coal-fired power plants to pass on higher costs to some customers, with an aim to encourage power plants to generate more electricity and ease their profitability pressures.
Power-hungry industries such as steel, aluminium, cement and chemical producers are expected to face higher and more volatile power costs under the new policy, inflating their costs and pressuring profit margins. [L1N2R904N]
Alumina (OTC:AWCMY) and aluminium producers in the southwestern Guangxi region are facing higher power costs, ANZ analysts said.
“Guangxi will put a 50% premium on electricity prices for the most energy-intensive industries,” they said.
Beijing has enacted measures to increase the output of coal, which fuels nearly 60% of its power plants, with government data on Monday indicating some increase to supply.
Daily coal output recently hit 11.5 million tonnes, up more than 1.2 million tonnes from mid-September, the National Development of Reform Commission said.
Source: Reuters
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Thursday, 04 November 21
FASTER DECARBONISATION: BACK TO BASICS FOR THE MINING INDUSTRY? - WOOD MACKENZIE
To the uninitiated, rugby is a technical and complicated game. As young schoolboys it was all a wee bit confusing and we invariably ended up on the ...
Wednesday, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of c ...
Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...
Wednesday, 03 November 21
HIGHER COKING COAL PRICES TO PARE PROFITABILITY OF STEELMAKERS IN SECOND HALF OF FY22 - CRISIL RATINGS
The operating margin of primary steelmakers will reduce by a third to 24-26% in the second half of this fiscal versus the first half as input cost ...
Wednesday, 03 November 21
MARKET INSIGHT - INTERMODAL
November is here and soon the all time seasonal favorite “all I want or Christmas is you” by Mariah Carey will be played in radio stati ...
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- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- London Commodity Brokers - England
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bharathi Cement Corporation - India
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Videocon Industries ltd - India
- MS Steel International - UAE
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- AsiaOL BioFuels Corp., Philippines
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
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