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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-October, roughly triple the price from December. Fitch Ratings says in a new report that the high prices are largely driven by tight supply across the region and low inventory levels in China and India, along with strong natural gas prices as an alternative energy source. Major Asian countries' imports increased by 1.5% yoy in 8M21, although China's imports declined by 3.7% yoy in 9M21 with metallurgical coal more affected than thermal.
China's benchmark Qinhuangdao 5,500kcal/kg coal price has tripled so far this year, reaching around CNY2,300/tonne in mid-October and gaining over 100% since only September. Domestic production marginally picked up 1.2% qoq in 3Q21 as August-September output rebounded to 33.5 million tonnes (mt) per month from 31.4mt in July. Demand has remained strong, too. Thermal power generation rose by 11.9% in 9M21 on the economic recovery, strong exports and lack of growth in hydropower.
China has raised the production quota of 153 mines since September. These mines can contribute an incremental 50mt or more in 4Q21. Production increased above 11.60mt on 18 October, the highest level this year, from an average 11.14mt a day in September. Still, supply could remain tight in 4Q21, as daily production in November-December could be little more than 1.0mt higher than September from past experience. The National Development and Reform Commission (NDRC) has also flagged its intention to intervene on prices.
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Monday, 25 October 21
CHINA VOWS TO SEVERELY PUNISH MARKET VIOLATIONS AMID LOW COAL FUTURES PRICES - GLOBAL TIMES
Domestic coal futures had plunged for three consecutive trading days after the government vowed to crack down on soaring prices, and China’s ...
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 surpris ...
Monday, 25 October 21
CHINA COAL PRICES MARK WORST WEEK SINCE MAY ON GOVERNMENT INTERVENTION - REUTERS
China’s thermal coal futures plunged on Friday and turned in their worst week in five months, following Beijing’s strongest interventio ...
Friday, 22 October 21
THE BIG PICTURE: ENERGY MARKETS - BREAK WAVE ADVISORS
The shipping markets have been pulled further into wild markets of coal and other energy sources. Given how nebulous this sector is, it’s alw ...
Friday, 22 October 21
CHINA WANTS TO COOL COAL PRICES. SIMILAR MOVES FOR METALS, CRUDE FAILED - REUTERS
China’s latest attempt to lower runaway commodity prices, this time for thermal coal, is likely to follow a familiar pattern of initial succe ...
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- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- The University of Queensland
- Larsen & Toubro Limited - India
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tata Chemicals Ltd - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Kapuas Tunggal Persada - Indonesia
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Kartika Selabumi Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Independent Power Producers Association of India
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- VISA Power Limited - India
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
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