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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 ($125.25) per ton, a fall of nearly 60 percent from the peak reached in October, the National Development and Reform Commission (NDRC) of China announced on Saturday on its website.
Analysts believed that the adjusted measurement revealed by the country’s top economic planner will quickly cool down the surging coal price before winter comes this year.
According to news outlet China Reform Daily, China’s nationwide coal output reached 12.05 million tons on November 10, a new historic height, and now has stabilized after reaching a daily output of over 12 million tons.
As a major fuel for electricity generation, coal stocks on nationwide power plants reached 129 million tons on November 14 and may surpass 140 million tons by the end of the month.
To secure the energy supply in winter 2021, the NDRC issued multiple regulations targeting the cost of coal production, market rectifications and price adjustment mechanism. Affected by decreasing coal prices, the cost of multiple raw materials including steel, aluminum and glass also declined sharply.
Source: Global Times
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Friday, 26 November 21
CHINA FINDS COMPLIANCE PROBLEMS IN COAL PRICE INDEX PROBE - REUTERS
China’s state planner on Wednesday said it had discovered some “noncompliant” behaviour among coal price index providers as it an ...
Thursday, 25 November 21
SE ASIA POWER DEMAND TO RISE AS STATE SUPPORT MITIGATES COVID-19 IMPACT - FITCH RATINGS
Electricity demand in south-east Asia is likely to increase in 2021, following slow growth or contraction in 2020, thanks to state support that has ...
Thursday, 25 November 21
FITCH RATINGS INCREASES MOST GLOBAL METALS AND MINING PRICE ASSUMPTIONS - FITCH RATINGS
Fitch Ratings has increased most metals and mining price assumptions, particularly those that benefit from increased longer-term demand due to glob ...
Thursday, 25 November 21
CHINA'S COAL PRICE DROPS IN MID-NOVEMBER AMID GOVERNMENT’S SWEEPING MEASURES - GLOBAL TIMES
China’s coal prices have dropped significantly in mid-November compared with the beginning of the month, with the price of coking coal and co ...
Wednesday, 24 November 21
MARKET INSIGHT - INTERMODAL
Inflation is the word that has dominated the meetings of foreign leaders and finance ministers in recent weeks, as rising energy costs, supply chai ...
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- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
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- Parliament of New Zealand
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- White Energy Company Limited
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- Star Paper Mills Limited - India
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- Energy Development Corp, Philippines
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- Port Waratah Coal Services - Australia
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- Indo Tambangraya Megah - Indonesia
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- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
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- TNB Fuel Sdn Bhd - Malaysia
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- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
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- SMC Global Power, Philippines
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- GMR Energy Limited - India
- Eastern Coal Council - USA
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- Latin American Coal - Colombia
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- Barasentosa Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
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- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
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- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
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- Indian Oil Corporation Limited
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- Dalmia Cement Bharat India
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- Australian Coal Association
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- Leighton Contractors Pty Ltd - Australia
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- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
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- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
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- Coalindo Energy - Indonesia
- Global Coal Blending Company Limited - Australia
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- New Zealand Coal & Carbon
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- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
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- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
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- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
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- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Billiton Holdings Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Larsen & Toubro Limited - India
- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
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- Orica Mining Services - Indonesia
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
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- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
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- Wilmar Investment Holdings
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
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