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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 adjust coal prices after recent investigations of producers.
“Initial results showed coal production costs are significantly lower than current spot coal prices,” the National Development and Reform Commission said in a statement.
The most-traded thermal coal futures contract on the Zhengzhou Commodity Exchange fell its maximum limit of 10% on Friday and closed down 8.64% at 973 yuan ($152.24) per tonne. It was down 27.6% for the week, the biggest weekly decline since September 2016.
The contract has fallen more than half from its record high of 1,982 yuan on Oct 19. It is up more than 80% this year.
On Friday, the environment ministry said it would take steps to cut the concentration of tiny hazardous airborne particles known as PM2.5 by an average of 4% on the year in main cities this winter.
The world’s top greenhouse gas emitter’s anti-smog program is likely to face scrutiny as a power crunch forces the government to secure more coal to generate electricity.
Measures to cool prices of the key power-generating fuel include stepping up output in coal producing regions and setting a target price of thermal coal.
The power crunch has forced power-hungry industries such as steel, aluminum, cement and chemicals, to cut production, while a new electricity tariff is expected to bring higher costs and put pressure on profit margins.
Source: Reuters
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Wednesday, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...
Wednesday, 24 November 21
PRICE OF CHINA’S COAL FUTURE DROPS BY 60% AS NATIONWIDE DAILY OUTPUT REACHES OVER 12 MILLION TONS: NDRC - GLOBAL TIMES
China’s daily coal output has now stabilized after reaching over 12 million tons and the price of coal futures has declined to 800 yuan ($125 ...
Friday, 19 November 21
CHINA: COAL SUPPLIES TO STABILIZE FOR COMING COLD SEASON
China is capable of ensuring stable coal supplies this winter and next spring with the increase in coal production and the rising stockpiles at pow ...
Wednesday, 17 November 21
MARKET INSIGHT - INTERMODAL
It has been another declining week for the dry bulk market and evidently, we are seeing asset values gradually losing momentum as well. Following a ...
Tuesday, 16 November 21
EARNINGS RECOVERY IN INDONESIAN COAL TO CONTINUE THROUGH 2021, BUT SLOW IN 2022 - FITCH RATINGS
The recovery in the operating and financial performance of Indonesian coal miners and coal contractors is likely to slow in 2022, but coal prices s ...
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- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Energy Development Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- GN Power Mariveles Coal Plant, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Central Electricity Authority - India
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- CIMB Investment Bank - Malaysia
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Mercuria Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Attock Cement Pakistan Limited
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- The Treasury - Australian Government
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Planning Commission, India
- Indogreen Group - Indonesia
- Chettinad Cement Corporation Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Coal and Oil Company - UAE
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Sical Logistics Limited - India
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
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