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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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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
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 ...
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 ...
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- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Australian Coal Association
- Coal and Oil Company - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- Siam City Cement - Thailand
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- Goldman Sachs - Singapore
- ASAPP Information Group - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Indonesian Coal Mining Association
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Baramulti Group, Indonesia
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Thiess Contractors Indonesia
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Parliament of New Zealand
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Planning Commission, India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Minerals Council of Australia
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Georgia Ports Authority, United States
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Binh Thuan Hamico - Vietnam
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