We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 25 October 21
FARMERS MAY JOIN THE COAL COMMODITY MARKET TO REDUCE RISKS - GLOBAL TIMES
A recent trip to by the Global Times to East China’s Shandong Province to get a glimpse of China’s coal supply chain revealed a surprising discovery: there are large numbers of rural households in northern China that still rely on burning coal to pass the winter. Of course, it is understandable given that China is a vastly diverse country with many regions in different development stages. For those rural households that have not shifted to cleaner natural gas or are connected to the central heating system, burning coal is the norm.
“(Smokeless) anthracite is the best fuel for the winter, it fires up our self-made heating system,” one local resident told the Global Times.
Yet, amid an acute shortage of thermal coal for heat generation and a cold front arriving earlier than usual, many farmers have been confronted with the hard reality that coal prices have risen by nearly 300 percent from last year. At some rural coal trading markets the price for the fuel rose from 1,100 yuan ($172) per ton last year to 2,800 yuan ($438) . At some other markets, traders simply said they could not secure supplies.
Constantly improving living standards in China has meant enduring the discomfort of an entire winter with determination and many households have to accept the situation as it is and pay an outrageous price.
Coal prices have been soaring but only in recent months. For much of 2021, the price of coal futures has not exceeded 900 yuan ($140) per ton. As late as October 1, the future price was at about 1,400 yuan ($218) per ton. Prices then began to soar, climbing to a historic high in less than one month.
There are multiple factors pushing coal prices to climb higher and higher including a restrained supply, difficulties in transportation, an earlier winter, a sudden massive rise in demand from power companies to cope with rising electricity demand, and speculation by capital market investors looking for windfall fortune. All these factors are at work at once at the coal supply chain where private capital enjoy active participation.
To put brakes on soaring coal prices, the government has taken measures, from a probe to crack down on speculation, to calls on mines to increase output, to the arrangement of coal transportation, to push down coal prices.
But marketization means there will always be speculators. Winter is not a black swan. With more and more participants in the market for bulk commodities, it appears to be a high time for farmers, who have a rigid demand for coal as winter fuel, to also participate in it. This will allow them to secure what is needed ahead of time at more affordable prices and not rush into the market at the last minute. Here, some sense on the fluctuating of the commodity market could forestall the plight of expensive coal in winter. Just like for speculators, the market’s door is also open to farmers.
Source: Global Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 26 October 21
CHINA'S COAL-RICH SHANXI BEEFS UP COAL PRODUCTION - XINHUA
Major coal producers in north China’s Shanxi Province, a leading coal-producing region of the country, have beefed up production to ensure en ...
Tuesday, 26 October 21
ENERGY CRISIS SHOWS COAL IS AN EXPENSIVE AND UNRELIABLE SOURCE OF ELECTRICITY GENERATION - IEEFA
Any knee-jerk reaction that urges more investment in coal completely misses the point
India is teetering on the brink of joining a growing glo ...
Tuesday, 26 October 21
CHINA TO INVESTIGATE ENERGY INDEX PROVIDERS IN BID TO TAME COAL PRICES - REUTERS
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contrac ...
Tuesday, 26 October 21
THERE IS PLENTY OF COAL AND GAS IN THE WORLD BUT A VOLATILE MARKET IS NOBODY'S FRIEND - IEEFA
Gas will be winding its way out of the energy system
Gas prices are continuing to surge around the world. The cost of gas is at unpr ...
Tuesday, 26 October 21
AUSTRALIA EXPORTED 51.6 MLN TONNES OF COAL TO INDIA IN FIRST 10 MONTHS, 19% OF ALL AUSTRALIAN COAL EXPORTS; CHINA WAS THE DESTINATION FOR JUST 0.7% - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade. In 2021 things started pretty badly, but we are seeing increasing signs of ...
|
|
|
Showing 431 to 435 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Simpson Spence & Young - Indonesia
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- Marubeni Corporation - India
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Directorate Of Revenue Intelligence - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Alfred C Toepfer International GmbH - Germany
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- PTC India Limited - India
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Renaissance Capital - South Africa
|
| |
| |
|
