We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 03 November 21
CHINA TO LAUNCH NEW DATA MONITORING SYSTEM, TARGETING COAL MARKET SPECULATION, HOARDING - GLOBAL TIMES
China’s top economic planner announced on Sunday a new data system for supervising the implementation of medium- and long-term contracts of coal suppliers, as the latest government’s clampdown on market speculation and hoarding to curb tight power supplies as the winter dawns.
At present, multiple testing and trial operations have been carried out on the medium and long-term coal contract performance data system. The platform is expected to be officially launched in early November to conduct closed-loop supervision of coal contrast across the country, the National Development and Reform Commission (NDRC) announced on its official WeChat account on Sunday.
In the future, relevant state departments will use the system to record fraudulent and other related violations of laws and regulations in credit records and incorporate them into the national credit information sharing platform, as well as publish them on the “Credit China” website.
The data monitoring system for medium and long-term coal contract performance has been developed and improved by the National Public Credit Information Center and the National Coal Trading Center, under the instruction of the NDRC.
The launch of the system has been praised by industry experts who believe it will effectively resolve the high coal price and smooth the market flow.
“Some companies originally signed agreements with power plants, but because of high coal prices, they temporarily refused to implement them to seek bigger profits. However, such situation will be greatly improved after the system is launched,” Han Xiaoping, chief analyst at energy industry website china5e.com, told the Global Times on Friday.
Han noted that one major hurdle on coal supply lies in those medium- and long-term contracts which often offer a relatively low price.
Speculation and hoarding are the main disruptions in market and will also be further eased after the launch.
In the third quarter alone, the main contract price rose from 735.6 yuan ($115) per ton to a maximum of 1,408.2 yuan ($220), nearly double, according to media reports.
Against this background, performance by the coal industry in Q3 was naturally shining and net profit growth rate of most companies doubled.
The Chinese government has taken measures to secure coal supplies as the top national priority which was followed by import expansion, price capping policy, and market supervision on illegal inventories.
With the gradual improvement of the supply and demand, the level of coal storage in power plants nationwide has rapidly increased. Since October 5, the coal supply for power plants across the country has exceeded coal consumption for 25 consecutive days.
Based on the recent coal supply level, coal storage in power plants is expected to exceed 110 million tons within 3 days reaching a supply of 20 days, a solid foundation to ensure the safe supply of electricity in winter, media reports.
Source: Global Times
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 04 November 21
FASTER DECARBONISATION: BACK TO BASICS FOR THE MINING INDUSTRY? - WOOD MACKENZIE
To the uninitiated, rugby is a technical and complicated game. As young schoolboys it was all a wee bit confusing and we invariably ended up on the ...
Wednesday, 03 November 21
CHINA’S STATE PLANNER SAYS COAL SUPPLY IMPROVING, PRICES STABILISING - REUTERS
China’s coal supply situation has seen significant improvement with joint efforts from coal producers, logistics and downstream users, while ...
Wednesday, 03 November 21
HIGHER COKING COAL PRICES TO PARE PROFITABILITY OF STEELMAKERS IN SECOND HALF OF FY22 - CRISIL RATINGS
The operating margin of primary steelmakers will reduce by a third to 24-26% in the second half of this fiscal versus the first half as input cost ...
Wednesday, 03 November 21
MARKET INSIGHT - INTERMODAL
November is here and soon the all time seasonal favorite “all I want or Christmas is you” by Mariah Carey will be played in radio stati ...
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 ...
|
|
|
Showing 421 to 425 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Binh Thuan Hamico - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Economic Council, Georgia
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Planning Commission, India
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Mercator Lines Limited - India
- Rio Tinto Coal - Australia
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Carbofer General Trading SA - India
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- VISA Power Limited - India
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
- India Bulls Power Limited - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- Mercuria Energy - Indonesia
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- White Energy Company Limited
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- PTC India Limited - India
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Kapuas Tunggal Persada - Indonesia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Standard Chartered Bank - UAE
|
| |
| |
|
