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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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Tuesday, 05 October 21
CAPESIZE MARKET WAS IN A STEEP CLIMB FOR MOST OF THIS WEEK - BALTIC EXCHANGE
Capesize
The Capesize market was in a steep climb for most of this week as it reached a pinnacle of $74,786 Wednesday before stalling, regather ...
Wednesday, 29 September 21
THE WRITING IS ON THE WALL: AUSTRALIA’S COAL ERA IS OVER - YAHOO!FINANCE
As the fringe of Australian politics strives to pump up the coal industry, facts show that coal production has started its long run decline.
&n ...
Wednesday, 29 September 21
SURGING COAL PRICES SPLIT ASIAN BUYERS INTO RICH AND POOR - REUTERS
As seaborne coal in Asia trades at, or near, record highs, there are early signs of demand destruction, especially among price-sensitive buyers suc ...
Wednesday, 29 September 21
MARKET INSIGHT - INTERMODAL
Tanker Asset values have surprised to the upside, despite the downward pressure on the freight market. Tanker rates have been hovering close to the ...
Tuesday, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...
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- Gujarat Sidhee Cement - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- Oldendorff Carriers - Singapore
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Salva Resources Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Siam City Cement - Thailand
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Wilmar Investment Holdings
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Planning Commission, India
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Medco Energi Mining Internasional
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- PTC India Limited - India
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Power Finance Corporation Ltd., India
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Tata Chemicals Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- London Commodity Brokers - England
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
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