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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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Monday, 01 November 21
COAL PRICES HAVE FURTHER ROOM TO DROP: TOP ECONOMIC PLANNER - GLOBAL TIMES
China’s top economic planner said coal prices have further room to drop on Friday, as the most traded coal futures dropped to below 1,000 yua ...
Saturday, 30 October 21
CHINA'S COAL PRICES SEE BIGGEST WEEKLY FALL IN MORE THAN 5 YEARS - REUTERS
China’s coal futures prices saw their biggest fall in more than five years after the powerful state planner said there is still room to adjus ...
Saturday, 30 October 21
G-20 LEADERS PREPARE STATEMENT TO STOP FUNDING FOREIGN COAL PLANTS - BLOOMBERG
Leaders of the Group of 20 wealthy economies are preparing to pledge to stop funding foreign coal-fired plants, but are still wrangling over climat ...
Friday, 29 October 21
APAC THERMAL COAL SUPPLY TO REMAIN TIGHT AS WINTER LOOMS - FITCH RATINGS
APAC thermal coal prices have surged, hitting historically high levels. The benchmark Newcastle 6,000kcal/kg grade coal reached USD228/tonne in mid ...
Thursday, 28 October 21
CANADA BAN ON SHIPPING COAL WOULD EQUAL SCRAPPING AS MANY AS 3 MILLION CARS - IEEFA
Canada ban on shipping coal would equal scrapping as many as 3 million cars
Change in Canadian policy could have major implications ...
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- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Goldman Sachs - Singapore
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- Planning Commission, India
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Kaltim Prima Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Kumho Petrochemical, South Korea
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Altura Mining Limited, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Bayan Resources Tbk. - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Central Electricity Authority - India
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Jorong Barutama Greston.PT - Indonesia
- Australian Coal Association
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Meralco Power Generation, Philippines
- Anglo American - United Kingdom
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
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